Transactions; Financial Statements On July 1, 20Y7, Pat Glenn established Half Moon Realty. Pat completed the following transactions during the month of July:

a. Opened a business bank account with a deposit of $35,000 from personal funds.

b. Purchased office supplies on account, $3,530. C. Paid creditor on account, $2,230.

d. Earned sales commissions, receiving cash, $35,980.

e. Paid rent on office and equipment for the month, $7,050.

f. Withdrew cash for personal use, $11,000.

g. Paid automobile expenses (including rental charge) for the month, $3,380, and miscellaneous expenses, $1,620.

h. Paid office salaries, $4,250.

i. Determined that the cost of supplies on hand was $1,190; therefore, the cost of supplies used was $2,340.

w for $11.000 odwindling for the 2010 Pos. 14250 mind the cost of old. Therefore, the town weguired 1. the west och transaction which was O's Acco Pat Glenn cach Supplies Pute Sales Office Series Auto Payable Capital twin Comas pe pese 0 0 0 Septes seria Expense 35.000 AB AO 0 AO AO AO A 0 AO AO AO AO AD AO AO 0 A AO D A Ao AB AO tal AO 0 AO AD 3 AO AO AO AO el 1. H e 0 AO . e D A 0 AO d o A 2. Prepare an income statement for July. Half Moon Realty Income Statement For the Month Ended July 31, 2017 Expenses: Total expenses Feedback Check My Work 2. An income statement reports the revenues and expenses. When revenues are larg 3. Prepare a statement of owner's equity for July. If an amount is zero, enter "0" Half Moon Realty Statement of Owner's Equity For the Month Ended July 31, 2017 4. Prepare a balance sheet as of July 31. Half Moon Realty Balance Sheet July 31, 2017 Assets Total assets Liabilities DOO O OO Owner's Equity Total liabilities and owner's equity Feedback Check My Work 4. Follow Example Exercise 1-6. Recall that the balan