Judi Salem opened a law office on July 1, 2017. On July 31, the balance sheet showed Cash $5,300, Accounts Receivable $1,900, Supplies $600, Equipment $6,000, Accounts Payable $4,000, and Owners Capital $9,800. During August, the following transactions occurred.

1. Collected $1,600 of accounts receivable.

2. Paid $3,000 cash on accounts payable.

3. Recognized revenue of $7,300, of which $1,900 is collected in cash and the balance is due in September.

4. Purchased additional equipment for $1,900, paying $400 in cash and the balance on account.

5. Paid salaries $1,700, rent for August $1,100, and advertising expenses $350.

6. Withdrew $700 in cash for personal use.

7. Received $1,600 from Standard Federal Bankmoney borrowed on a note payable.

8. Incurred utility expenses for month on account $270.

Prepare a tubular analysis.

DO NOT COPY FROM CHEGG OR ELSE I HAVE TO REPORT.