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Please do Owners Drawings , Revenues, and Expenses Supplies $600, Equipment $6,400, Accounts Payable 54,100 , and Owner's Capital $10,800. During August, the following trencaction?

Please do Owners Drawings , Revenues, and Expenses image text in transcribed
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Supplies $600, Equipment \$6,400, Accounts Payable 54,100 , and Owner's Capital $10,800. During August, the following trencaction? occurred. 1. Collected $1,600 of accounts receivable. 2. Paid $2,700 cash on accounts payable. 3. Recognized revenue of $7,500 of which $3,300 ks collected in cash and the balance is due in Septemoer. 4. Purchased additional equipment for $2,400, paying $500 in cath and the bafance on account. 5. Paid salaries $2.000, rent for August $1.100, and advertising expenses $350 6. Withdrew 3700 in cash for personal use 7. Received $1.900 from 5 tandard federal Bank-moner borromed on a note payatic B. Incurred utility expenses for menth or account 5270 Question 8 of 8 Owner's Equity Owner's Drawings Revenues Expenses 5 $ 5 Supplies $600, Equipment \$6,400, Accounts Payable 54,100 , and Owner's Capital $10,800. During August, the following trencaction? occurred. 1. Collected $1,600 of accounts receivable. 2. Paid $2,700 cash on accounts payable. 3. Recognized revenue of $7,500 of which $3,300 ks collected in cash and the balance is due in Septemoer. 4. Purchased additional equipment for $2,400, paying $500 in cath and the bafance on account. 5. Paid salaries $2.000, rent for August $1.100, and advertising expenses $350 6. Withdrew 3700 in cash for personal use 7. Received $1.900 from 5 tandard federal Bank-moner borromed on a note payatic B. Incurred utility expenses for menth or account 5270 Question 8 of 8 Owner's Equity Owner's Drawings Revenues Expenses 5 $ 5

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