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The following information pertains to Alan Marshall's personal financial transactions. Opening Balances-July 1, 2019 Cash $13,700 Contents of Home $900 Automobile $27,200 House $165,500 Unpaid

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed The following information pertains to Alan Marshall's personal financial transactions. Opening Balances-July 1, 2019 Cash $13,700 Contents of Home $900 Automobile $27,200 House $165,500 Unpaid Accounts $5,700 Bank Loan $79,100 Transactions for the month of July 2019. 1. Paid maintenance for the month of July with $1,200 cash. 2. Purchased a new computer worth $1,700 with cash. 3. Paid credit card liability of $4,850. 4. Paid for telephone and electricity for July with $500 cash. 5. Purchased $2,400 of groceries and goods for personal consumption with cash. 6. Deposited $3,400 salary earned during the month Do not enter. dollar signs or commas in the input boxes. Use the negative sign.for.a.deficit. The T-Account fields are labeled by transaction.number. Record each transaction by entering the value into the corresponding T- Account field. Required a) Using the information provided, record the opening balances in the T-accounts. b) Record the transactions for the month of July in the T-accounts. Opening $ 13700 #1 #2 #3 #4 #5 Assets Cash Opening: s #6 Ending: $ Ending: $ Contents of Home Opening: S Opening: $ #1 #2 #3 Personal Balance Sheet As at July 31, 2019 Opening: $ 5700 #1 #2 #3 #4 #5 Liabilities Unpaid Accounts Opening: $ #6 Ending: $ Ending: $ Bank Loan Opening: $ Opening: $ #1 #2 #3 #4 #4 #5 #5 #6 #6 Ending: 5 Ending: $ Ending: $ Ending: $ Automobile Opening: S Opening: S #1 #2 #3 #4 #5 #6 Ending: $ Ending: $ House Opening: $ Opening: S #1 #2 #4 Opening: $ #1 #2 #3 #4 #5 #5 #6 #6 Ending: S Ending: $ Total Assets Total Liabilities $ Net Worth Opening: $ Ending: $ Ending: $ #1 #2 #1 #2 #3 #4 #5 Personal Income Statement For the Month Ended July 31, 2019 REVENUE Revenue #6 Ending: S Ending: $ minus Expenses Entertainment #1 Food #2 #3 #3 #4 #4 # 5 #5 #6 Ending: S Ending: $ Ending: $ Ending: $ Maintenance #2 Utilities #3 #4 #5 #3 #4 #5 #6 #6 Ending: $ Ending: 5 Ending: $ Ending: $ Total Revenue Total Expenses Surplus (Deficit)

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