Question 1 of 2 < > View Policies Current Attempt in Progress On August 1, 2022, the following were the account balances of Monty Repair Services. Debit Credit Cash $5,560 Accumulated Depreciation-Equipment 550 Accounts Receivable 2,680 Accounts Payable 2,120 Notes Receivable 3,600 Unearned Service Revenue 1,160 Supplies 950 Salaries and Wages Payable 1,310 Equipment 9,200 Common stock 11,000 Retained Earnings 5,850 21,990 21,990 -/4 E! During August, the following summary transactions were completed. Paid $370 cash for advertising in local newspapers. Advertising flyers will be included with newspapers delivered during August and September. Aug. 1 3 Paid August rent $350.