Print tem Transactions; financial statements Instructions Accounts, Labels and Amount Descriptions Instructions Accounts, Labels and Amount Descriptions Accounting Equation Grid Accounting Equation Grid 1. Indicate the effect of each transaction and the balances after each transaction, using the tabular headings in the exhibit below Accounting Equation Grid Instructions Assets a b. Bal Cashi Liabilities t Accounts Common + Supplies -Payable +Stock Dividends Accounts, Labels and Amount Descriptions Accounting Equation Grid Instructions Accounts, Labels and Amount Descriptions Accounting Equation Grid Stockholders' Equity Sales Salaries Rent Auto Supplies +Commissions -Expense -Expense - Expense -Expense instructions Accounts, Labels and Amount Descriptions Accounting Equation Grid Salaries - Expense Stockholders' Equity Rent Auto Supplies Miscellaneous Expense -Expense Expense -Expense Print fem Transactions; financial statements Instructions Accounts, Labels and Amount Descriptions Accounting Equation Grid Instructions Accounts, Labels and Amount Descriptions Accounting Equation Grid Bal a Bal d Bal Cash ASSUIS Accounts Common +Supplies -Payable + Stock -Dividends CO Transactions; financial statements Instructions Accounts, Labels and Amount Descriptions Accounting Equation Grid Instructions Accounts, Labels and Amount Descriptions Accounting Equation Grid +Stock -Dividends +Commissions -Expense - Instructions Accounts, Labels and Amount Descriptions Instructions Accounts, Labels and Amount Descriptions Accounting Equation Grid Accounting Equation Grid Salaries Rent Auto Supplies Miscellaneous -Expense -Expense -Expense -Expense -Expense ..... Accounts, Labels and Amount Descriptions Accounting Equation Grid Transactions; financial statements Instructions Instructions Accounts, Labels and Amount Descriptions Accounting Equation Grid Bal C Bal. d. Bal. e. Bal L Bal Bal eBook Print Item Transactions; financial statements Instructions Accounts, Labels and Amount Descriptions Accounting Equation Grid Instructions Accounts, Labels and Amount Descriptions Accounting Equation Grid Bal 9. Bal. h. Bal Bal Accounts Common Cash + Supplies Payable Stock Dividends Transactions; financial statements Instructions Accounts, Labels and Amount Descriptions Accounting Equation Grid ..... Instructions Accounts, Labels and Amount Descriptions Accounting Equation Grid CO Accounts Common Sales Sabres Payable +Stock Dividends Commissions -Expe Instructions Accounts, Labels and Amount Descriptions Instructions Accounts, Labels and Amount Descriptions Accounting Equation Grid Accounting Equation Grid Sales Salaries Rent Auto Supplie dends Commissions -Expense -Expense Expense Expen tions Accounts, Labels and Amount Descriptions Accounting Equation Grid unts, Labels and Amount Descriptions ng Equation Grid Salaries Rent Auto Supplies Miscellaneous -Expense Expense -Expense -Expense - Expense < Accounting Equation Grid Income Statement 2. a. Prepare an income statement for August. Income Statement Instructions Label) Western Realty Income Statement (Label) Aut Exper < Accounting Equation Grid Income Statement 1 2 (Label) 3 4 5 Income Statement (Label) Aut -Expe Income Statement Statement of Stockholders' Equity Balance Sheet Accounting Equation Grid Income Statement (Label)) S Auto -Expense Income Statement Statement of Stockholders' Equity Balance Sheet Accounting Equation Grid Income Statement Statement of Stockholders' Equity 2.b. Prepare a statement of stockholders' equity for August Statement of Stockholders' Equity Instructions Western Realty Statement of Stockholders' Equity (Labe Retained Common Stock Total Earnings Accounting Equation Grid Income Statement Statement of Stockholders' Equity Western Realty Statement of Stockholders' Equity (Label) Retained Common Stock Total Earnings Accounting Equation Grid Income Statement atement of Stockholders' Equity Balance Sheet Statement of Stockholders Equity Balance Sheet 2 2. c. Prepare a balance sheet as of August 31. Balance Sheet Instructions Assets Western Realty Balance Sheet (Label) Accounting Equation Grid Income Statement 1 Statement of Stockholders' Equity Balance Sheet 2 4 Equity Balance Sheet (Label) Assets Liabilities Stockholders' Equity Accounting Equation Grid Income Statement Statement of Stockholders' Equity Balance Sheet 10 11 Liabilities Stockholders' Equity