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Michelle Walker Opened a law office on July 1, 2020. On July 31, the balance sheet showed Cash $5300, Accounts Receivable$2000, Supplies $500, Equipment $6100,

Michelle Walker Opened a law office on July 1, 2020. On July 31, the balance sheet showed Cash $5300, Accounts Receivable$2000, Supplies $500, Equipment $6100, Accounts Payable $3500, and Owners Capital$10,400. During August the following transactions occurred.

  1. Collected $1700 of account receivable
  2. Paid $2400 cash on accounts payable
  3. Recognized revenue of $7300, of which $2900 is collected in cash and the balance is due in September
  4. Purchased additional equipment for $2100 paying $300 cash and the balance on account.
  5. Paid salaries $2300, rent for August $1200, and advertising expenses $450
  6. Withdrew $800 in cash for personal use
  7. Received $1900 from Standard Federal Bank-money borrowed on a note payable
  8. Incurred utility expenses for month on account $230

Prepare tabular analysis of the August transactions beginning with July 31 balances

I'm having a hard time getting the tabular analysis to balance and have been trying for 2 hours so I thought I'd get some help. Thanks

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