Judi Salem opened a low office on July 1, 2017 Only 31, the balance sheet showed Cash $5,000, Accounts Receivable 51.600, Supplies 5400, Equipment 55.000, Accounts Payable $4.000, and Owner's Capital $10,000. During August, the following transactions occurred 1 Collected $1,300 of accounts receivable. 2 Paid $2,500 cash on accounts payable 1 Recognized revenue of $8,700, of which $2,100 is collected in cash and the balance is due in September Purchased additional equipment for $2,500, paying 5500 in cash and the balance of account 5. Paid salaries $2,200, rent for August $1,200, and advertising expenses 1450 6 Withdrew $800 in cash for personal use. 7. Received 11,700 from Standard Federal Bank-money borrowed en anteprv. Incurred Utility expenses for month on account 1970, Prepare a tabular analysis of the August transactions beginning with uy balances (If a transaction results in a decrease in Assets. Labies or Owner's Equity, place a negative sig (or parentheses) in front of the amount entered for the particular Asset Liability or fuity item that was reduced. See Illustration 1-8 for example) Assets Cash Accounts Receivable Liabilities Notes Accounts Payable Payable Supplies Equipment Owner's Capital Owner's Equity Owner's Drawings Revenues Ba, $ Expenses $ 1. 2 3. 4 5 G. 7. 8 Click if you would like to Show Work for this question Open Shawar