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Please help to fill in the blanks of the balance sheet and equity statements Exercise 1-09 a1-a3 An analysis of the transactions made by Wildhorse

Please help to fill in the blanks of the balance sheet and equity statements

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Exercise 1-09 a1-a3 An analysis of the transactions made by Wildhorse & Co., a certified public accounting firm, for the month of August is shown below. The expenses were $650 for rent, $4,400 for salaries and wages, and $700 for utilities. Accounts Cash Accounts + Receivable + Supplies + Equipment = Payable + Owner's Owner's Capital - Drawings + Revenues - Expenses 1. $15,100 $15,100 2. -3,600 $6,000 $2,400 3. -750 $750 4. 5,300 $3,800 $9,100 5. -1,100 -1,100 6. -2,500 -$2,500 7. -650 -$650 8. 350 -350 9. -4,400 -4,400 10. 700 -700 Assume that August is the company's first month of business.Your answer is partially correct. Try again. Prepare an income statement for August 31, 2020. WILDHORSE & CO. Income Statement For the Month Ended August 31, 2020 Revenues * 9100 Expenses Salaries and Wages Expense 4400 SL Rent Expense 650 Utilities Expense 700 Total Expenses 5750 Net Income / (Loss) 3350/ Your answer is partially correct. Try again. Prepare an owner's equity statement for August 31, 2020. (List items that increase owner's equity first.) WILDHORSE & CO. Owner's Equity Statement For the Month Ended August 31, 2020 v Owner's Capital, August 1 Add v Investments 15100 Net Income 3350 X O 18450 x Less v Drawings X Owner's Capital, August 31 vYour answer is partially correct. Try again. Prepare a balance sheet at August 31, 2020. ( List Assets in order of liquidity.) WILDHORSE & CO. Balance Sheet August 31, 2020 Assets x Cash 12150 Accounts Receivable 3450 Supplies 750 Equipment 6000 x Total Assets Liabilities and Owner's Equity Liabilities Accounts Payable 2000 Owner's Equity Owner's Capital 15950 Total Liabilities and Owner's Equity 17950 Click if you would like to Show Work for this question: Open Show Work

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