On August 1, 2022, the following were the account balances of Riverbed Repair Services Debit Credit Cash 56.160 $610 Accounts Receivable 2.970 2350 Notes Receivable 4.000 Accumulated Depreciation Equipment Accounts Payable Uneamed Service Revenu Salaries and Wages Payable Owner's Capital 1290 Supplies 1050 1.450 Equipment 10.200 18,60 $24.380 $24380 During August, the following summary transactions were completed Aug 1 3 5 10 12 Paid 5410 cash for advertising in local newspapers. Advertising livers will be included with newspapers delivered during August and September Paid August rent $390 Received 51.220 cash from customers in payment on account Paid $3.180 for salaries due employees, of which $1.730 is for August and $1450 ks for July salaries payable Received $2360 cash for services performed in August Purchased store equipment on account $2.040, Pald creditors $2.040 of accounts payable de Purchased supplies on account 5820 Paid $2.960 cash for employees salaries Billed customers 53.840 for services performed Received $900 from customers for services to be performed in the future. 15 20 22 25 27 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 satisty $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 4. 5 6. interest rate RIVERBED REPAIR SERVICES Balance Sheet For the Month Ended Aust 31 2022 Assets Current Assets $ 2060 I ile Liabilities and Owner's Equity v Total abilities and Owner's Equity . eTextbook and Media List of Accounts Attempts: unlimited Submit Answer Save for later