On August 31, the balance sheet of company showed Cash $12,000, Accounts Receivable $4,700, Supplies $600, Equipment $6,000, Accounts Payable $6,600, Common Stock $15,800, and Retained Earnings $900. During September, the following transactions occurred. 1. Paid $2,600 cash for accounts payable due. 2. Collected $1,850 of accounts receivable. 3. Purchased additional equipment for $2,350, paying $750 in cash and the balance on account. 4. Recognized revenue of $8,650, of which $1,900 is collected in cash and the balance is due in October. 5. Declared and paid a $1,700 cash dividend. 6. Paid salaries $1,700, rent for September $1,000, and advertising expense $150. 7. Incurred utilities expense for month on account $300. 8. Received $14,000 from Capital Bank on a 6-month note payable.

(a) Prepare a tabular analysis of the September transactions beginning with August 31 balances. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.

(B1) Prepare an income statement for September.

( B 2 ) Prepare a retained earnings statement for September. (List items that increase retained earnings first.) Retained Earnings Statement

(B3) Prepare the company Balance Sheet