r inanciel Accounting (BUS 01) Grace Period: 12 days Seft 1 Renister Now y & Practice Assignment Gradebook ORION Downloadable elextbook Assignment CALOVATORMESGAGE NY INSTRUCTOR FULL SCREEN PKINTR Exercise 3-5 (Part Level Submission) A tabular analysis of the transactions made during August 2017 by Wofe Company during its first month of equity is explained t operations is shown baow. Each iscrease and decrease in stockhoiders -Liabilities+ Stockholders' Equity Cash + A/R Supp. + Equip. Accounts Payable+ Common Stock + Retained Earnings Revenues Expenses Dividends (1) $20,000 $20,000 Com. Stock (2) 1,000 $5,000 $4,000 $750 (4) 4,100 $5,400 9.500 Serv. Rev 1,500 (6) 2,000 800 v(5) -$2,000 D. 800 Rant Exp. 450-450 Sal Exp. util. Exp. -3,000 (9) 3,000 (10) (a) Your answer is correct Preoare an incorne staterment for Aupust. WOLFE COMPANY