please answer all the questions thankyou

1 2 6 8 10 15 18 11. Mabel Wong began a professional practice as system analyst on July 1. She plans to prepare monthly financial statements. During July the owner completed these transactions: Owner invested P50,000 cash along with furniture and fixtures that had a P20,000 market value two years ago but was now worth P10,000 only Paid P25,000 cash for July rent (including P500 water bill) of a fully furnished office space at the Madrigal Building 4 Purchased P120,000 worth of state of the art equipment on credit for thirty monthly installment payments Purchased office supplies for cash, P2,500 Completed work for a client and immediately collected the P32,000 cash earned Completed work for a client and sent a bill for P27,000 to be paid within thirty days Paid an assistant P6,200 cash as wages for 15 days Collected P15,000 cash on the amount owed by the client 25 Completed work for another client who paid only P40,000 or 40% of the total computerized system. The client promised to pay the balance in thirty days Owner withdrew P5,000 cash for personal use Paid salary of assistant Received PLDT bill, P1,800 and Meralco bill P3,800. Used up P2,000 worth of supplies Required: Analyze the above transactions in an accounting equation table using the following headings for columns: Cash; Accounts Receivable: Office supplies: Equipment, Accounts Payable; Notes Payable: Utilities Payable; Wong Capital; Explanation of Changes in Capital. Then use additions and subtractions to show the effects of the transactions on individual items of the accounting equation. Show balances after all transactions are recorded. a. Prepare an income statement for the month of July 6. Prepare a statement of owner's equity for the month of July c. Prepare a classified report form of statement of financial position as at July 31. 28 30 31 12. Refer to Problem 11 and look for the cash on the format you did. Analyze the movement (inflow and outflow) in a working paper. Did the cash increase? Explain by citing the net flow of cash in the operating, financing and investing activities of the business