Question 20F 2 37.5/50 Www Police SWASTE Current Attemptin Progress Ruth Lewis opened to wore on July 1 2022 On May 31 the balance sheet showed Cash $5.000, Accounts Recevable 5 1,700 Supplies $500. Equipment 55.700 Accounts Payable $ 3.600 and Owner's Capital 9.300. During August, the following transactions occurred Collected 5 100ccounts restivable Raid $280 eshon counts payable Recognizedrevenge of $ 7.700 of whilek 5 2.500 is collected in cash and the balance due in September Purchasedational equipment for $ 2100. paying $ 500 in cash and the balance on account Paidates 51 700 rent for August 5 1 100 and overtising expenses $350. Withdrow $ 700 incash for oursonaluss Received 1600 From Standard Federal Bank-money borrowed on a note payable incurrutilly poses for month on account $ 180 Tai Your persones Prepare a cabularanalysis the August 3 batransaction results in a decrease in Assets gatively for parentheses in front of the amount entered for the particular Asset. Liability or folty Ifah Question 2 of 2 37.5/50 RUTH LEWIS, ATTORNEY AT LAW Balance Sheet Assets Liabilities and Owner's Equity 1