please and thank you

Question 7 of 7 2.5/10 E View Policies Show Attempt History Current Attempt in Progress 1. 2 3. Dorothy Taylor opened a law office on July 1, 2022. On July 31. the balance sheet showed Cash $ 5,900, Accounts Receivable $ 1.800, Supplies $ 400, Equipment $ 6,400, Accounts Payable $4,300, and Owner's Capital $ 10,200. During August, the following transactions occurred Collected $ 1.500 of accounts receivable. Paid $ 2,700 cash on accounts payable. Recognized revenue of $ 7,700 of which $ 2,800 is collected in cash and the balance is due in September Purchased additional equipment for $ 1,700, paying $ 300 in cash and the balance on account Paid salaries $ 1.900, rent for August $1,100, and advertising expenses $ 350. Withdrew $ 700 in cash for personal use. Received $ 1.900 from Standard Federal Bank-money borrowed on a note payable. Incurred utility expenses for month on account $ 280. 4 5. 6. 7. 8. (a) Your answer is correct. Prepare a tabular analysis of the August transactions beginning with July 31 balances. (If a transaction results in a decrease in Assets abilities ar Owner's Famit nlace Question 7 of 7