The following transactions have taken place for Metalcase for the month of July.

July2 Received $25,000 cash from investors.

6 Received $3,600 cash for products painted for a local company.

10 Paid $400 for paint supplies.

14 Painted more metal parts, and billed the customer for $3,200.The money will be received in August.

18 Paid $900 for advertising expenses.

23 Purchased office furniture for $6,500. This was purchased with a downpayment of $2,000 with the remaining balance

due next month.

24 Paid utility bills of $350.

27 Returned $600 of office furniture to the supplier. The supplier deducted the return from the amount due.

29 Paid $1,700 in salaries.

30 Paid a $500 dividend to the owner.

Your assignment is to prepare the income statement, Statement of shareholders Equity,balance sheet,statement of cashflow and statement of interrelationships

(please type it so it can be copied easily)