Sharon Luden opened a medical practice titled Sharon Luden M.D., Inc. During August, the first month of operations, the business experienced the following events: i (Click the icon to view the events.) Read the requirement. Calculate the updated balances for all the accounts after entering each transaction. (If a box is not used in the transaction, leave the box empty; do not enter a zero. If an event does not affect the accounts of the business, leave the entire transaction line blank. Carry down all balances, including zero balance accounts. Enter decreases with a minus sign or parentheses.) August 2: Luden bought $85,000 of common stock in the business by opening a bank account in the name of Sharon Luden M.D., Inc. 2) Assets = Liabilities + Stockholders' equity Cash + Med sup + Land = AP + CS + Serv rev Retained earnings Rent exp Util exp + + Bal + + + + + +