June 8: Prepared desserts for customers on account, $500. June 10: Received $50 cash as partial payment of June 8 transaction. June 15: Paid telephone bill, $100. June 17: Paid her home electric bill from the company's checkbook, $70. June 20: Catered a wedding and received cash, $3,000. June 25: Bought additional equipment on account, $1,400. June 28: Rent expense due but unpaid, $850. June 30: Paid supplies expense, $500. Transactions Requirements Prepare the following: a. The analysis of the transactions by using the expanded accounting equation. b. A balance sheet showing the position of the firm before opening for business on May 31,202X c. An income statement for the month of June. d. A statement of owner's equity for June. e. A balance sheet as of June 30,202X