PI-9A Brian Fraser opened the Fraser Veterinary Clinic in Regina on August 1, 2008. On August 31, the balance sheet showed Cash $4,500; Accounts Receivable $1,800; Supplies $400; Office Equipment $6,500; Accounts Payable $3,200; and B. Fraser, Capital $10,000. During September, the following transactions occurred: Sept. 1 Paid $2,800 of the accounts payable. 1 Paid $800 rent for September 4 Collected $1,450 of the accounts receivable. 5 Hired a part-time office assistant at $50 per day to start work the following week. 8 Purchased additional office equipment for $2,000, paying $700 cash and leaving the bal- ance on account. 14 Performed $500 of veterinary services on account. 15 Paid $200 for advertising. 18 Collected $500 from customers who received services on September 14. 20 Paid $200 for Brian's daughter and friends to go horseback riding on her birthday. 25 Borrowed $7,500 from the Western Bank on a note payable. 26 Sent a statement reminding a customer that he still owed the company money from August. 28 Earned revenue of $4,300, of which $2,900 was paid in cash and the balance is due in October 29 Paid the part-time office assistant $675 for working nine days in September. 30 Received the utility bill for the month, $175. 30 Withdrew $500 for personal expenses. Instructions (a) Beginning with the August 31 balances, prepare a tabular analysis of the effects of the Septem- ber transactions on the accounting equation. (b) Prepare an income statement and statement of owner's equity for September, and a balance sheet at September 30