Izabela Sheridan opened a medical office under the name Izabela Sheridan, MD, on August 1 2021. On August 31, the balance sheet showed Cash $2,700; Accounts Receivable $2,400 Supplies $515; Equipment $7,000; Accounts Payable $4,510; Note Payable $2,700; and I. Sheridan, Capital, $5,405. During September, the following transactions occurred: S 4 Collected S900 of accounts receivable. e pt Provided services of $10,126, of which $7,000 was collected from patients and the 5 remainder was on account 7 Paid $1,600 on accounts payable Purchased additional equipment for $2,401, paying $849 cash and leaving the balance 2 on account 1 Paid salaries, $4.000; rent for September, S1,903; and advertising expenses, $199 5 1 Collected the balance of the accounts receivable from August 31 2 Withdrew $675 for personal use. 2 Borrowed $2,700 from the Bank of Montreal on a note payable 2 Signed a contract to provide medical services, not covered under the government health 8 plan, to employees of CRS Corp. in October for $4,600. CRS Corp. will pay the amount owing after the medical services have been provided. Received the telephone bill for September, $295. 9 Billed the goverment S10,800 for services provided to patients in September. 0 Beginning with the August 31 balances, prepare a tabular analysis of the effects of the September transactions on the accounting equation. (fa transaction causes a decrease in Assets, Liabilities or Owner's Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced. See Illustration 1-13 for example.) Owner's Equity Assets Liabilities Note Accou Accou I. Sheri I. Sheri dan, dan, nts nts Drawin Reven Expe Ca Receiv Supp Equip Paya Payab sh able +lies ment lies ment ble le +Capital $ S S ues nses gs = Bal S S S Sept . 4 5 7 12 15 30% 1:46 pm Prepare an iacome statemeat for September IZABELA SHERIDAN, MD Inceme Statemeat September 30, 202IMouth Ended September 30, 2021Yer Ended September 30, 2021 Prepace a stateme of owner's equity for September. (List ems that incremase owner's equity first) 1ZABELA SHERIDAN, MD Statement of Oweer's Eguity Yer Ended September 30, 2021 September 30, 202IMonth Ended September 30, 2021 S S Prepere a balance sheet at September 30. (List Assets in arder of iguidity IZABELA SHERIDAN, MD Balaace Sheet 2021Yee Mouh Ended September 30, 2021September 30. September 30, 2021 Property, Plant and EguipmuTel asssliabilitiesTetal LisbilitiesOwets Equ Total Owner's EyToal Lbilities and Ocnade FauinTonal Iotanais 3noloaaibla aaooTonal Be Reat and Beginning with the August 31 balances, prepare a tabular analysis of the effects of the September transactions on the accounting equation. (fa transaction causes a decrease in Assets, Liabilities or Owner's Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced. See Illustration 1-13 for example.) Liabilities Owner's Equity Assets Accou Note Accou I. Sheri I. Sheri dan, Drawin Reven Expe nts nts Ca Receiv Supp Equip Paya Payab sh able lies ment dan, ble le Capital gs ues nses - Bal S $ S Sept 4 5 7 12 15 15 15 18 20 26 29 30 Tota A