prepare debit credit balance sheet

A tabular analysis of the transactions made by Kathy Gogin & Co, a certified public accounting firm, for the month of August is shown below. Each increase and decrease in stockholders' equity is explained Event Cash Accts Rec Supplies - Office Equipme= nt Accts Payable Stockhol ders Equity 18,000investment 1 2 5.000 3.000 750 4 3,400 11.400Fees earned 18,000 (2.000) (750) 8,000 (1,500) (2,500) (650) 450 (1.500) 6 7 8 (2 500)Dividends (650)Rent expense (450) 9 (2.900) Salaries (2.900) expense (900) bes expense 900 10 (a On each line below briefly describe each transaction that occurred for the month from the above tabular analysis Stockhol Invested 515.000 (a) On each line below, briefly describe each transaction that occurred for the month from the above tabular analysis Stockhol ders invested $18,000 cash in the business 2 3 Text entry Text entry Text entry Text entry Text entry Text entry Text entry Text entry Text entry 7 8 9 10 Determine how much stockholders' equity increased during the month from the above tabular analysis Value Account title Account title Account Title Account Value Value Account title Account title Increase in stockholders' equity Value Compute the amount of net income for the month from the above tabular analysis Accoun Value