On July $31,2022,$ the general ledger of Oriole Legal Services Inc. showed the following balances: Cash $$3,290,$ Accounts Receivable

$$1,230,$ Supplies $$410,$ Equipment $$4,100,$ Accounts Payable $$3,360,$ Common Stack $$2,870,$ and Retained Earnings $$2,790.$ During

August, the following transactions occurred.

Aug. $3$ Collected $$900$ of accounts receivable due from customers.

$5$ Received $$1070$ cash for issuing common stack to new irvestors.

$6$ Paid $$2,210$ cash on accounts payable.

$7$ Performed legal services of $$5,330,$ of which $$2,460$ was collected in cash and the remainder was due an account.

$12$ Purchased additional equipment for $$990,$ paying $$320$ in cash and the balance on account.

$14$ Paid salaries $$2,870,$ rent $$740,$ and advertising expenses $$225$ for the month of August.

$18$ Collected the balance for the services performed an August $7.$

$20$ Paid cash dividend of $$410$ to stockholders.

$24$ Billed a client $$820$ for legal services performed.

$26$ Received $$1,640$ from Laurentian Bank; the money was borrowed on a bank note payable that is due in $6$ months.

$27$ Agreed to perform legal services for a client in September for $$3,690.$ The client will pay the amount owing after the

services have been performed.

$28$ Received the utility bill for the month of August in the amount of $$225$; it is not due until September $15.$

$31$ Paid income tax for the month $$410.$

$($a$)$

Using T$-$accounts, enter the beginning balances to the ledger.

Cash

Aug. $3$

Supplies

Aug. $5$

Equipment

Accounts Payable

Aug. $7$

Common Stock

Retained Earnings