On August 1, 20Y9, Brooke Kline established Western Realty Brooke completed the following transactions during the month of August a Opened a business bank account with a deposit of $22,000 in exchange for common stock b Purchased office supplies on account, $1,900 c Paid creditor on account, $1,400 d Earned sales commissions, receiving cash, $41,000 e Paid rent on office and equipment for the month, $2,600 f Paid dividends, $3,400 g Paid automobile expenses for month, $3,150, and miscellaneous expenses, $1,700 h Paid office salaries, $4,300 i Determined that the cost of supplies on hand was $800 therefore, the cost of supplies used was $1,100 2 c Prepare a balance sheet as of August 31 Refer to the list of Accounts, Labels and Amount Descriptions for the exact wording of the answer choices for text entries Be sure to complete the statement heading Balance Sheet Shaded cells have feedback X for text entries Be sure to complete the statement heading Western Realty Score 0 72 Balance Sheet (Label) Assets Liabilities Stockholders' Equity

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On August 1, 20Y9, Brooke Kline established Western Realty. Brooke completed the following transactions during the month of August: a. Opened a business bank account

On August 1, 20Y9, Brooke Kline established Western Realty. Brooke completed the following transactions during the month of August:

a.	Opened a business bank account with a deposit of $22,000 in exchange for common stock.
b.	Purchased office supplies on account, $1,900.
c.	Paid creditor on account, $1,400.
d.	Earned sales commissions, receiving cash, $41,000.
e.	Paid rent on office and equipment for the month, $2,600.
f.	Paid dividends, $3,400.
g.	Paid automobile expenses for month, $3,150, and miscellaneous expenses, $1,700.
h.	Paid office salaries, $4,300.
i.	Determined that the cost of supplies on hand was $800; therefore, the cost of supplies used was $1,100.

2. c. Prepare a balance sheet as of August 31. Refer to the list of Accounts, Labels and Amount Descriptions for the exact wording of the answer choices for text entries. Be sure to complete the statement heading.

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Balance Sheet Shaded cells have feedback. X for text entries. Be sure to complete the statement heading. Western Realty Score: 0/72 Balance Sheet (Label) Assets Liabilities Stockholders' Equity