Project I John Doe has started his own business, Home Inspections. He inspects property. He rent his office time employee to assist. The transactions for the month of August are 8/1 Doe invests cash in the new business, $15,000 8/2 Paid the August rent, $300 8/3 Bought a used truck, $8,000. 8/9 Purchased tools on account, $3,000 8/10 Paid the electricity bill, 550 8/15 Received cash from clients for services performed, $2,000 8/16 Paid the part-time employee wages, $200 8/20 Performed inspection services for clients on account, $1,000 8/21 Paid the telephone bill, $35 8/23 Bought office supplies costing $300. Paid $100 in cash and will pay the balance next month 8/24 Received cash from clients for inspections performed on account on 8/20, $300 8/25 Paid the part-time employee wages, $250 8/27 Made a partial payment on tools bought on 8/9, $1,000 8/29 Earned additional revenues amounting to $2,000: $1,400 in cash and $600 on account 8/31 Doe withdrew cash at the end of the month for personal use, $500 Required: Enter the transactions in an accounting equation with the following account titles: Cash, Accounts Receivable, Supplies, Tools, Truck, Accounts Payable, John Doe, Capital, John Doe, Withdrawals, Revenues, and Expenses Compute end balances for all accounts and show accounting equation proof Prepare a good form Income Statement, Statement of Owner's Equity, and a Balance Sheet for the month of August 1. 2. 3