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So far what is completed is correct. I just need help filling in whatever is missing. [ The following information applies to the questions displayed

So far what is completed is correct. I just need help filling in whatever is missing.

[The following information applies to the questions displayed below.]

Lakewood Tennis Club (LTC) operates an indoor tennis facility. The company charges a $115 annual membership fee plus a member rental rate of $15 per court per hour. LTCs fiscal year end is August 31. LTCs revenue recognition policy is described in its financial statement notes as follows:

Revenue RecognitionLTC earns revenue from two sources. Annual membership fees are earned by providing twelve months of services to members, so they are reported as membership revenue as they are earned over that 12-month period. Court rental fees are earned by renting courts each day, so they are reported as service revenue as courts are used by members.

On August 31, 14 new members joined and paid the annual membership fee in cash. The memberships do not begin until September 1. For the week ended September 11, LTC provided 165 court-hours of rental services for members and collected its fees in cash. On September 13, LTC purchased and received tennis balls and other supplies. The regular retail price was $190, but LTC negotiated a lower amount ($180) that is to be paid in October. On September 15, LTC paid $1,300 to employees for the hours they worked from September 115. For the two weeks ended September 25, LTC provided 295 court-hours for members and collected its fees in cash. On September 26, LTCs courts were used for a members birthday party. LTC expects the member to pay the special event booking fee of $165 on Saturday, October 2. On September 27, LTC wrote a $280 check to an advertising company to prepare advertising flyers that will be inserted in local newspapers on October 1. On September 29, LTC received $165 on account for the members birthday party that was held on September 26. On September 30, LTC submitted its electricity and natural gas meter readings online. According to the suppliers Websites, the total charges for the month will be $230. This amount will be paid on October 17 through a preauthorized online payment.

Required:
1.

Indicate the accounting equation effects of the August and September events, using table below. Reference each transaction by date. (Enter any decreases to account balances with a minus sign.)

Assets = Liabilities + Stockholders Equity
August 31 Cash 1,610
September 11 Cash 2,475 2,475
September 13 Supplies 180 180
September 15 (1,300) Salaries and Wages Expense (1,300)
September 25 Cash 4,425 4,425
September 26
September 27
September 29 Cash 165
September 30 (230)

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