PA 8. LO 2.3 The following ten transactions cccurred during the July grand opening of the Pancake Palace. Assume all Retained Earnings transactions relate to the primary purpose of the business. A Colculate the ending oalance for each ascount B. Create the income otatement C. Create the statement of ovners pquity Create the balance sheet F13. f. A B. C 0 r 47 Pancake Place - Juby Transactions 48. A. Calculate the ending balances in cach account t9 B. Prepare the Balance Sheet. so Frnter Your Answers in the Blue Boxes Below Replace with name of company Replace with name of financial statement Replace with period ending XXXXX is Axvets 56 Asset 1 57. Asset 2 sis Asset 3 59 Total Assets 6) Iivilutiry 1 HINT: List items in order presented in the problem; they are listed in order of hiquidity/ when doe