On August 1, 2022, the following were the account balances of Riverbed Repair Services Debit Credit Cash 56.160 $610 Accounts Receivable 2.970 2.350 Notes Receivable 4.000 Accumulated Depreciation - Equipment Accounts Payable Unearned Service Revenue Salaries and Wages Payable Owner's Capital 1.290 Supplies 1050 1.450 Equipment 10.200 18,680 $24,380 $24,380 During August the following summary transactions were completed Aug 1 Paid $410 cash for advertising in local newspapers. Advertising flyers will be included with newspapers delivered during August and September 3 5 10 12 15 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 Algust and $1.450 is for July salaries payable Received $2.860 cash for services performed in August Purchased store equipment on account 52,040 Paid creditors 52040 of accounts payable due Purchased supplies on account 5820 Paid $2.960 cash for employees salacles Billed customers 53.840 for services performed Received $800 from stomers for services to be performed in the future 20 22 25 29 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 S820 of uneared 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 4. 5. 6 interest rate RIVERBED REPAIR SERVICES Balance Sheet For the Month Ended Aust 31 2022 Assets Current Assets 2060 Accounts Receivable 5590 Notes Recette 1000 Surilis 900 Prepaid Advertising 205 Interest Receivable BO Total Current Avel 5 Current Assets Equipment 12240 Acomated Deprecation Count 9403 Current Lubin Total Owner's Eat Liabilities and Owner's Equity Total Current Assets Accounts Payable 3170 Uneared Service Revenue 1270 1570 Salaries and Wages Payable Total Current Liabilities Owner's Equity Owner's Capital LIV Total abilities and Owner's Equity