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Homework Question 2 of 6 -/1 View Policies Current Attempt in Progress Maria Miller opened a law office on July 1, 2020. On July 31, the balance sheet showed Cash $5,000, Accounts Receivable $1,800, Supplies $400, Equipment $5,900, Accounts Payable $3,800, and Owner's Capital $9,300. During August, the following transactions occurred Collected $1,500 of accounts receivable. Paid $2,800 cash on accounts payable. Recognized revenue of $8,400, of which $2,500 is collected in cash and the balance is due in September. Purchased additional equipment for $2,300, paying $500 in cash and the balance on account. Paid salaries $1,900, rent for August $1,200, and advertising expenses $450. Withdrew $900 in cash for personal use. 7. Received $1,000 from Standard Federal Bank-money borrowed on a note payable. Incurred utility expenses for month on account $230. 1 2. 3. 4 5. 6. 8. (a) tv 1: Homework Question 2 of 6 -11 (a) Prepare a tabular analysis of the August transactions beginning with July 31 balances. (If a transaction results in a decrease in Assets, Liabilities or Owner's Equity, place a negative sign for parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced. See Illustration 1-8 for example.) Assets Cash Accounts Receivable Supplies Equip Bal. $ 1 2 3. 4. dv BE @ 888 Fd og FB CE SS Question 2 of 6 (a) Prepare a tabular analysis of the August transactions beginning with July 31 balances. (If a transaction results in a decrease in Assets, Liabilities or Owner's Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced. See Illustration 1-8 for example.) MARIA MILLER. ATTORNEY AT LAW Liabilities Accounts Owner's Equipment Payable Payable Capital Notes $ tv 0 8: 2 $ 4 96 5 3 6 & 7 8 0 W E R T Y U 1 o S D F G I L C V B N M Question 2 of 6 -/1 Prepare a tabular analysis of the August transactions beginning with July 31 balances. Of a transaction results in a decrease in Assets, Liabilities or Owner's Equity, place a negative sign for parentheses) in front of the amount entered for the particular Asset Liability or Equity item that was reduced. See Illustration 1-8 for example) Owner's Equity Owner's Capital Owner's Drawings Revenues Expenses $ 4 20 28 s - 2 3 4 5 6 7 8 W E R Y U 0 S D F G H JK V B N M mmand command on account $230. (a) Prepare a tabular analysis of the August transactions beginning with July 31 balances. (If a transaction results in a decrease in Assets, Liabilities or Owner's Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced. See Illustration 1-8 for example.) Assets Accounts Receivable + Cash Supplies Equipn Bal. $ $ 1. 2. atv W MacBook 80 $ % &