Rivera Roofing Company, owned by Reyna Rivera, began operations in July and completed these transactions during that first month of operations.

A/ Create a table with assets = libilities + equity

B/ Prepare the income statement and the statement of owners equity for the month of July, and the balance sheet as of July 31

C/ Prepare the statement of cash flows for the month of July.

1- July 1 Reyna Rivera invested $80,000 cash in the company.

2- The company rented office space and paid $700 cash for the July rent.

3- The company purchased roofing equipment for $5,000 by paying $1,000 cash and agreeing to pay the $4,000 balance in 30 days.

4- The company purchased office supplies for $600 cash.

5- The company completed work for a customer and immediately collected $7,600 cash for the work.

6- The company purchased $2,300 of office equipment on credit.

7- The company completed work for a customer on credit in the amount of $8,200.

8-The company purchased $3,100 of office supplies on credit.

9- The company paid $2,300 cash for the office equipment purchased on July

10- The company billed a customer $5,000 for work completed; the balance is due in 30 days.

11- The company received $8,200 cash for the work completed on July 15.

12- The company paid an assistants salary of $1,560 cash for this month.

13- The company paid $295 cash for this months utility bill.

14- Reyna Rivera withdrew $1,800 cash from the company for personal use.