nsactions; Financial Statements On July 1, 2019, Pat Glenn established Half Moon Realty. Pat completed the following transactions during the month of July: a. Opened a business bank account with a deposit of $34,000 from personal funds b. Purchased office supplies on account, $3,410. c. Paid creditor on account, $2,160. d. Earned sales commissions, receiving cash, $34,820. e. Paid rent on office and equipment for the month, $6,820 f. Withdrew cash for personal use, $11,000. g. Paid automobile expenses (including rental charge) for the month, $3,270, and miscellaneous expenses, $1,570. h. Paid office salaries, $4,110. i. Determined that the cost of supplies on hand was $1,150; therefore, the cost of supplies used was $2,260. Required: 1. Indicate the effect of each transaction and the balances after each transaction. For those boxes in which required, enter negative values as negative numbers. Assets - Liabilities + Owner's Equity Accounts Pat Glenn, Pat Glenn, Sales Payable CapitalDrawing Commissions ExpenseExpense Expense Exp Rent Office Salaries Auto Sup Cash + Supplies 34,000 34,000 3,410 3,410 Bal. 34,000 C. Bal 2,270 2. Prepare an income statement for July. Half Moon Realty Income Statement For the Month Ended July 31, 2019 Expenses: Total expenses Prepare a statement of owner's equity for July. If an amount is zero, enter "o Half Moon Realty Statement of Owner's Equity For the Month Ended July 31, 2019 Check My Work 2 more Check My Wor eiculdto Print iteri Prepare a balance sheet as of July 31. Half Moon Realty Balance Sheet July 31, 2019 Assets Total assets Owner's Equity Total liabilities and owner's equity