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Question 6 of 7 2/ 3E View Policies Show Attempt History Current Attempt in Progress An analysis of transactions for Wildhorse & Co. a certified public accounting firm, for the month of August is shown as follows. The expenses were $700 for rent. 55,800 for salaries and wages, and $300 for utilities Cash Accounts Accounts Receivable + Supplies - Equipment - Payable Owner's Capital Owner's - Drawings Revenu + 1 +$14,700 $14,700 2 -1.700 +$4,000 +$2,300 3 -800 $800 4 +4,800 +$3,800 +$8,6 - 1,500 -1500 6 -2,100 -$2.100 7. -700 8. +500 -500 9. -5,800 10. +300 Assume that August is the company's first month of business, (21) Your Answer Correct Answer Prepare a balance sheet at August 31, 2022. (List Assets in order of liquidity.) WILDHORSE & CO. Balance Sheet For the Year Enlied August 31, 2022 For the Month Ended August 31, 2022 August 31, 2022 $ Liabilities and Owner's Equity $