The following selected transactions were completed by SUP Co$.$ during August of the current year:

Illustrate the effects of each of the transactions on the accounts and financial statements of SUP Co$.$

If no account or activity is affected, select $"$No effect" from the dropdown list and leave the corresponding number entry box blank. Enter account decreases, cash outflows, and the income statement effects that reduce net income as negative amounts.

Aug. $3.$ Purchased merchandise on account for $$16,700,$ terms FOB destination, n$/30.$

Financial Statement Effects

Balance Sheet

Assets $=$ Liabilities $+$ Stockholders' Equity

$+$

$=$

$+$

Aug. $3.$ fill in the blank $5$

fill in the blank $6$

fill in the blank $7$

fill in the blank $8$

Statement of Cash Flows Income Statement

fill in the blank $10$

fill in the blank $12$

Aug. $9.$ Issued debit memorandum for $$1,250$ for merchandise from the August $3$ purchase that was kept, but was damaged in shipment.

Financial Statement Effects

Balance Sheet

Assets $=$ Liabilities $+$ Stockholders' Equity

$+$

$=$

$+$

Aug. $9.$ fill in the blank $17$

fill in the blank $18$

fill in the blank $19$

fill in the blank $20$

Statement of Cash Flows Income Statement

fill in the blank $22$

fill in the blank $24$

Aug. $10.$ Purchased merchandise on account, $$12,500,$ terms FOB shipping point, n$/$eom$.$ Paid $$300$ cash to the freight company for delivery of the merchandise.

Financial Statement Effects

Balance Sheet

Assets $=$ Liabilities $+$ Stockholders' Equity

$+$

$=$

$+$

Aug. $10.$ fill in the blank $29$

fill in the blank $30$

fill in the blank $31$

fill in the blank $32$

Statement of Cash Flows Income Statement

fill in the blank $34$

fill in the blank $36$

Aug. $13.$ Paid for invoice of August $3,$ less debit memorandum of August $9.$

Financial Statement Effects

Balance Sheet

Assets $=$ Liabilities $+$ Stockholders' Equity

$+$

$=$

$+$

Aug. $13.$ fill in the blank $41$

fill in the blank $42$

fill in the blank $43$

fill in the blank $44$

Statement of Cash Flows Income Statement

fill in the blank $46$

fill in the blank $48$

Aug $31.$ Paid for invoice of August $10.$

Financial Statement Effects

Balance Sheet

Assets $=$ Liabilities $+$ Stockholders' Equity

$+$

$=$

$+$

Aug. $31.$ fill in the blank $53$

fill in the blank $54$

fill in the blank $55$

fill in the blank $56$

Statement of Cash Flows Income Statement

fill in the blank $58$

fill in the blank $60$