prepare the following

or furancine activity Prepare a statement of financial position for Augurst. (list Current Assets in onder of Ilquidlinx List Propertx. Plant and Equipment in onder of Equlpment and Vehicles) Prepare a statement of charges in equity for August. Question 8 of 8 110t Panowe Canfour Aug 1 \& Aut? 3 Aure 10 Nus 20 Nis 24 Aic0= lig31 hits Eccequk Afvertinive Rent salures Chaccount to mupelen solinice (a) Latribteined incometan Arinice criorectiones eTatbock and Mnds Prepare a statement of income for August. During August, the following summary transactions were completed: Aug. 1 Paid $280 for advertising on Kijiji for the current month. 2 Provided $1,190 of services related to cash received in advance last month for services to be performed this month. 3 Paid August rent, $990. 6 Received $1,200 cash from customers in payment of accounts. 7 Signed a contract with Merrithew's Appliances Ltd. to provide future repair services for its customers as required. 10 Paid $3,060 for salaries due employees, of which $1,600 was for August and $1,460 for July salaries payable. 13 Received $3,000 cash for services performed to date in August. 15 Purchased new equipment for $1,800, which was financed with a bank loan- 20 Paid creditors $2,100 of accounts due. 22 Purchased supplies on account for $900. 24 Paid $3,000 for employees salaries: 27 Billed customers $3,710 for services performed. 29 Received $860 from customers for services to be performed in the future. 30 Paid $500 on the bank loan, in addition to interest of $50. 31 Paid income tax of $380. 31 Declared and paid $430 of dividends to shareholders. 31 Paidincome tax of $360. 31 Declared and paid $430 of dividends to shareholders: Recond fournal entries in the order presented in the problem. On July 31, 2021, the end of the prior fiscal year, Wildhorse Repair Services Ltd, reported the followirg alphabetically ordered list of accounts and amounts. During August, the following summary transactions were completed: Aug 1 Paid $280 for advertising on Kijyifor the current month. 2. Provided $1,190 of ienices related to cash recelved in advance last month for services to be performed this month. 3 Paid August rent, $990 6. Received \$1.200 cash from customeers in payment of accounta. 7 Sighed a contract with Merrithews Applances Ltd to provide future repair Mervice for its cuatomen at reouired Set up T accounts, enter the opening balances in the goneral ledger at JWy 31, post the journal entries to the general ledfor, (Post entries in the order of joumal entries presented in the previogs part.] Prepare a trial balance at:August 31