Question 2 of 3 View Policies Show Attempt History Current Attempt in Progress J 0.67/4 Bindy Crawford created a corporation providing legal services, Windsor, Inc., on July 1, 2022. On July 31 the balance sheet showed: Cash $6,100; Accounts Receivable $6,250; Supplies $950; Equipment $8,750; Accounts Payable $7,950; Common Stock $12,050; and Retained Earnings $2,050. During August the following transactions occurred. Aug. 1 4 9 Collected $1,020 of accounts receivable due from customers. Paid $2,650 cash for accounts payable due. Performed services worth $5,430, of which $3,510 is collected in cash and the balance is due in September. 15 Purchased additional office equipment for $4,270, paying $490 in cash and the balance on account. 19 Paid salaries $1,400, rent for August $630, and advertising expenses $450. 23 Paid a cash dividend of $710. 26 Borrowed $5,900 from American Federal Bank; the money was borrowed on a 4-month note payable. 31 Incurred utility expenses for the month on account $450. W