On September 1, 20X1, the account balances of Rand Equipment Repair, Inc. were as follows. Debits Credits Cash 14780 Accumulated Depreciation 1500 Accounts 3320 Accounts Payable 3400 Receivable Supplies 2000 Notes Payable 10000 Prepaid Unearned Service 300 1400 Insurance Revenue Store Equipment 15000 Salaries Payable 500 Share Capital-Ordinary 16000 Retained Earnings 2600 35400 35400 During September the following summary transactions were completed. Sept. 8 Paid 1,300 for salaries due employees, of which 500 is for August. 9 10' Shareholders invested 13,000 cash in the business in exchange for ordinary shares. Received 1,200 cash from customers for services billed in August. 12Received 3,300 cash for services performed in September. 15Purchased store equipment on account 6,000. 17 Purchased supplies on account 20' 1,200. Paid 3,000 for accounts payable due. 25 27 28 Paid salaries 1,500 for September. Performed services on account and billed customers for services provided 1,800. Declared and paid a 400 cash dividend. 29Received 850 from customers for future service. 30Paid rent 2400 for 1 September to 30 November. Adjustment data consist of: 1. A count of supplies on September 30, 20X1 indicates that supplies on hand 1,100. 2. Accrued salaries payable 600. 3. Depreciation is 200 per month. 4. Unearned services revenue on 30 Spetember is 700 5. The prepaid insurance is the remaining cost of a fully paid 12-month insurance policy, effective November 1, 20X0. 6. There is only one note payable which is a 10,000 18%, 9-month note dated September 1, 20X1. (Note: 18% is the annual rate) 7. Earned but unbilled fees at 30 September were 1,300. Requirement: The balance of cash account after 8 Sept transaction is The balance of cash account after 9 Sept transaction is The balance of cash account after 12 Sept transaction is The balance of cash account after 15 Sept transaction is The balance of accounts payable after 15 Sept transaction is The balance of accounts payable after 17 Sept transaction is The balance of accounts payable after 20 Sept transaction is Rand Equipment Repair, Inc. Income Statement for the month ended 30 Sept 20x1 Service Revenue Depreciation Expense Interest Expense Insurance Expense Supplies Expense Salaries Expense Rent Expense Total Expense Net Income Current Assets $ Liabilities Cash Accounts Payable Accounts Receivable Notes Payable Supplies Interest Payable Prepaid Insurance Unearned Service Revenue Prepaid Rent Salaries Payable Total current Total Liabilities assets Property, Plant and Equity Equipment Store Share Capital-Ordinary Equipment Accumulated Depreciation Retained Earnings Book value of Store Equipment Total Assets Total Liabilitie & Equity