On 2022. there the carbone forte e Services Debit Canti Credit 3-610 14100 2.970 Acted Aws 230 Accounts Receivable Notas Receivable 1000 120 1.050 und Service Sand Wages Pay Owners Catal 1450 1 10.200 52430 $24300 Dunn At the following transactions were completed Auct 3 5 10 12 15 Pad 5410 cash for advertical news Athens wieder ved during and September Pad Augustine 390 Med 51.220 cash from customers in pametno P3100 for sale or loves of $130 for past and $1.450 for be Received 2.30 cash for performed in it Purchased store comment on con 2.040 Paid creditors 52.000 Ft Purchased on account 5820 Paid cash for employees salaries Becomes is performed Reled Strom customersforto e performed in the future 20 22 25 27 29 Adjustment data 1. 2 2 A count shows supplies on hand of 5980 Accrued but unpaid employees salaries are $1.570 Depreciation on equipment for the month is $330. Services were performed to satisfy 5820 of unearned service revenue. One month's worth of advertising services has been received. One month of interest revenue related to the $4,000 note receivable has accrued. The 4-month note has a 6% annual Interest rate 5. 6 Prepare an owner's equity statement for August. RIVERBED REPAIR SERVICES Owner's Equity Statement For the Month Ended August 31, 2022 Owner's Capital, August 1 18680 -65 Less Net Income/(Loss) 18015 Owner's Capital, August 31 $ Adjustment data 1 2 3 A count shows supplies on hand of $980 Accrued but unpaid employees salaries are $1.570. Depreciation on equipment for the month is $330 Services were performed to satisfy $820 of unearned service revenue. One month's worth of advertising services has been received. One month of interest revenue related to the $4,000 note receivable has accrued. The 4-month note has a 6% annual interest rate 51 6 On August 1, 2022, the following were the account balances of Riverbed Repair Services Debit Credit Cash $6,160 Accumulated Depreciation-Equipment $610 Accounts Recevable 2.970 Accounts Payable 2.350 Notes Recevable 4,000 1.290 Supplies 1.450 Unearned Service Revenue Salaries and Wages Payable Owner's Capital 1,050 Equipment 10.200 18,680 $24,380 $24,380 During August, the following summary transactions were completed Aug 1 3 5 10 12 Paid $410 cash for advertising in local newspapers. Advertising flyers will be included with newspapers delivered during August and September Paid August rent $390 Received $1.220 cash from customers in payment on account Paid $3,180 for salaries due employees, of which $1,730 is for August and $1.450 is forduly salaries payable Received $2,860 cash for services performed in August Purchased store equipment on account $2,040. Paid creditors $2,040 of accounts payable due Purchased supplies on account sheo Paid $2,960 cash for employees' salaries. Billed customers $3,840 for services performed. Received $800 from customers for services to be performed in the future. 15 20 22 25 27 29