Task: You are to perform the accounting cycle by: Performing Transaction Analysis Preparing journal entries Create a ledger Create Financial Statements: Income Statement, Statement of Owners Equity & Balance Sheet Previous Month Balances Cash $11,000 Equipment $8,000 Supplies $1,100 Accounts Owners Capital Receivable $20,730 $3,000 Accounts Unearned Accumulative Internet Payable Prepaid- Payable $2,000 Revenue Amortization- $120 Advertising $500 Equipment $350 $600 The following transactions occurred for Pet Health during the month of March. A. On March 1 you buy insurance for the year for $2,000. B. The same day, you buy $500 of stationary C. On the second, you perform a service for $1,000. D. March 4, you pay your worker $500. E. You pay $75 for utilities on the fifth F. March 6, you buy an X-Ray machine for $3,800 on account from Pet Supplies due in 8 equal monthly payments. G. You buy a new van for your business on March 7 for $6,000, where you put $2,000 down and the rest on account due in 5 years from Cars-R-Us. You plan on using it for 4 years and selling it for $2,000 after. H. You pay rent for $1,000 on March 8. 1. March 8, you do a service for $3,000 for Mr. Green in which he still owes $1,000. J. March 9th Mrs. Pink pays you $2,000 for a service to be done next week. K. March 10 you donated $4,000 to. Your business. L. March 14th you receive the money Mr. Green owes you. M. March 15th Ms. Yellow gets a service for $1,000 paying half now and half later. N. March 18, you do $1,200 worth of the service for Mrs. Pink. O. March 20, you take $40 of stationary home for personal use.