Payments of cash:
Acquisition of equipment . . . . . . . . . .	$32,000		Cash receipts:
Dividends . . . . . . . . . . . . . . . . . . . . . .	1,800		Issuance (sale) of shares to owners .	30,641
Retained earnings at July 1, 2014 . . . . .	0		Rent expense . . . . . . . . . . . . . . . . . . . . . .	710
Retained earnings of July 31, 2014 . . . .	5,759		Common shares . . . . . . . . . . . . . . . . . . . .	30,641
Utilities expense . . . . . . . . . . . . . . . . . . .	201		Equipment . . . . . . . . . . . . . . . . . . . . . . . .	32,000
Adjustments to reconcile net income			Office supplies expense . . . . . . . . . . . . . .	1,230
to cash provided by operations . . . . .	3,100		Accounts payable . . . . . . . . . . . . . . . . . . .	3,100
Salary expense . . . . . . . . . . . . . . . . . . . .	4,100		Service revenue . . . . . . . . . . . . . . . . . . . .	13,800
Cash balance July 1, 2014 . . . . . . . . . . .	0
Cash balance July 31, 2014 . . . . . . . . . .	7,500

Prepare the balance sheet. Begin with the heading of the statement. Next, complete the balance sheet.

Assets				Liabilities
				Shareholders' Equity
				Total sharesholders' equity
Total assets				Total liabilities and shareholders' equity

Prepare the balance sheet of the Dogan's at July 31, 2014.

Prepare the balance sheet. Begin with the heading of the statement. Next, complete the balance sheet.