On August 31, the balance sheet of La Brava Veterinary Clinic showed Cash $11,000, Accounts Receivable $3,700, Supplies $600, Equipment $6,000, Accounts Payable $5,600, Common Stock $14,800, and Retained Earnings $900. During September, the following transactions occurred. 1. Paid $2,950 cash for accounts payable due. 2. Collected $2,000 of accounts receivable. 3. Purchased additional equipment for $1,550, paying $750 in cash and the balance on account. 4. Recognized revenue of $8,800, of which $3,400 is collected in cash and the balance is due in October. 5. Declared and paid a $2,000 cash dividend. 6. Paid salaries $2,200, rent for September $1,150, and advertising expense $100. 7. Incurred utilities expense for month on account $210. 8. Received $13,000 from Capital Bank on a 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, 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. See Illustration 1-8 for example.) (a) LA BRAVA VETERINARY CLINIC Liabilities Assets Stockholders' Equit Accounts Receivable Notes Payable Accounts Payable Common Stock Retained Earnings Cash Supplies Equipment Revenues Expenses Dividends Bal 8 SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT LINK TO TEXT