On August 31 , the balance sheet of Blue Spruce Corp. showed Cash $12,000, Accounts Receivable $4,700, Supplies $600, Equipment $6,000, Accounts Payable $6,600, Common Stock $15,850, and Retained Earnings $850. During September, the following transactions occurred. 1. Paid $2,850 cash for accounts payable due. 2. Collected $2,300 of accounts receivable. 3. Purchased additional equipment for $1,450, paying $850 in cashand the balance on account. 4. Recognized revenue of $7,600, of which $3,500 is collected in cash and the balance is due in October. 5. Declared and paid a $1,200 cash dividend. 6. Paidsalaries $1,900, rent for $ eptember $1,150, and advertising expense $100. 7. Incurred utilities expense for montbon account $200. 8. Received $12,000 from Capital Bankona 6 -month note payable. Prepare a tabular analysis of the September transactions beginning with August 31 balances. (If a transaction causes a decrease in Assets, Llabilities or Stockholders' Equity, ploce a negative son (or parentheses) in front of the amount entered for the particular Asset, Llobility or Equity item that wos reduced. See Illustration 1-8 for example) Question 1 of 9 11 3. 4. 5. 6. 2. 5 5