P1-2B Peter Nimmer opened a veterinary business in Nashville, Tennessee, on August 1Analyze transactions and 2017. On August 31, the balance sheet showed Cash $9,000Accounts Receivable $1,700, prepare income statemen. Supplies $600, Equipment $6,000, Accounts Payable 53,600, anel Owner's Capital $13,700. wwer's equay statement, and During September, the following transactions occurred. balance vier 1. Paid $2,900 cash on accounts payable. (LO 3,4,5) 2. Collected $1,300 of accounts receivable. 3. Purchased additional equipment for $2,100, paying $800 in cash and the balance on 4. Recognized revenue of $7,800, of which $2.500 is received in cash and the balance is due in October 5. Withdrew $1,100 cash for personal use. 6. Paid salaries $1,700, rent for September $900, and advertising expense $450. 7. Incurred utilities expense for month on account $170, 8. Received $10,000 from Capital Bank (money borrowed on a note payable) account Instructions (a) Prepare a tabular analysis of the September transactions beginning with August 31 (a) Total assets $29.350 balances. The column headings should be as follows: Cash + Accounts Receivable Supplies Equipment Notes Payable Accounts Payable Owner's Capital Owner's Drawings + Revenues - Expenses. (b) Prepare an income statement for September an owner's equity statement for September h) Net income 54.580 and a balance sheet at September 30, Ending Capital 517,180 P1-2B Peter Nimmer opened a veterinary business in Nashville, Tennessee, on August 1Analyze transactions and 2017. On August 31, the balance sheet showed Cash $9,000Accounts Receivable $1,700, prepare income statemen. Supplies $600, Equipment $6,000, Accounts Payable 53,600, anel Owner's Capital $13,700. wwer's equay statement, and During September, the following transactions occurred. balance vier 1. Paid $2,900 cash on accounts payable. (LO 3,4,5) 2. Collected $1,300 of accounts receivable. 3. Purchased additional equipment for $2,100, paying $800 in cash and the balance on 4. Recognized revenue of $7,800, of which $2.500 is received in cash and the balance is due in October 5. Withdrew $1,100 cash for personal use. 6. Paid salaries $1,700, rent for September $900, and advertising expense $450. 7. Incurred utilities expense for month on account $170, 8. Received $10,000 from Capital Bank (money borrowed on a note payable) account Instructions (a) Prepare a tabular analysis of the September transactions beginning with August 31 (a) Total assets $29.350 balances. The column headings should be as follows: Cash + Accounts Receivable Supplies Equipment Notes Payable Accounts Payable Owner's Capital Owner's Drawings + Revenues - Expenses. (b) Prepare an income statement for September an owner's equity statement for September h) Net income 54.580 and a balance sheet at September 30, Ending Capital 517,180