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An analysis of transactions for Blossom & Co. a certified public accounting firm for the month of August is shown as follows. The expenses were $550 for rent, $3,800 for salaries and wages, and $300 for utilities. Accounts + Receivable + Supplies + Cash Accounts Payable Owner's Drawings Equipment Owner's Capital + + Reven 1. +$14,000 $14,000 2. -2,000 +$4.000 +$2,000 3. -650 +$650 4 +4,600 +$2,900 +$7. 5. - 1,000 -1,000 6. -1.000 -$1,000 7. -550 8. +350 -350 9. -3,800 10. +300 An analysis of transactions for Blossom & Co. a certified public accounting firm, for the month of August is shown as follows. The expenses were $550 for rent. $3,800 for salaries and wages, and $300 for utilities Accounts Receivable + Supplies - Equipment Accounts Owner's Payable + Capital Owner's Drawings + Revenues Expenses +$14,000 +$4,000 +$2,000 +$650 +$2,900 +$7,500 - 1,000 -$1,000 -$550 -350 -3,800 +300 -300 Assume that August is the company's first month of business. TSO Balance Sheet August 31, 2022 Assets cash $ Receivable Supplies 650 Equipment 4000 Total Assets $ Liabilities and Owner's Equity Liabilities drawings $ Owner's Equity Owner's Capital Total Liabilities and Owner's Equity V