On August 1, 2021, the beginning of its current fiscal year, the following opening account balances, listed in alphabetical order, were reported by Waterway Ltd. Accounts payable $2,410 Accounts receivable 4,080 Accumulated depreciation-equipment 1,980 Cash 5,900 Common shares 11,400 Deferred revenue 1,350 Equipment 10,300 Interest receivable 20 Note receivable, due October 31, 2021 4,000 Retained earnings Salaries payable Supplies 6,610 1,550 1,000 During August, the following summary transactions were completed. Aug. 1 Paid $430 cash for advertising in local newspapers. Advertising flyers will be included with newspapers delivered during August and September. (Hint: Use the Prepaid Advertising account.) During August, the following summary transactions were completed. Aug. 1 3 Paid $430 cash for advertising in local newspapers. Advertising flyers will be included with newspapers delivered during August and September. (Hint: Use the Prepaid Advertising account.) Paid August rent $400. (Hint: Use the Prepaid Rent account.) Received $2.970 cash from customers in payment of accounts. 10 Paid $3,400 for salaries due employees, of which $1,850 is for August and $1,550 is for July salaries payable. 13 Received $3,750 cash for services performed in August. 15 Purchased additional equipment on account $2.140. 17 Paid creditors $2.140 of accounts payable due. 22 24 ANN 25 Purchased supplies on account $810. Paid salaries $3,040. 27 Performed services worth $5,160 on account and billed customers. 29 31 Received $830 from customers for services to be provided in the future. Declared and paid a $490 dividend. Prepare T accounts, enter any opening balances, post the general journal entries and calculate end balances. (Post entries in the order of journal entries presented in the previous part. If the ending balance is O select Bal for the date and enter O for the normal balance for that account.) Cash Accounts Receivable Prepaid Advertising Supplies Prepaid Rent Note Receivable Interest Receivable Equipment Accumulated Depreciation - Equipment Accounts Payable Salaries Payable Deferred Revenue Common Shares Retained Earnings Retained Earnings Dividends Declared Service Revenue Salaries Expense