Transactions: In July

friend gave her $2,000 in July to clean his business for the next two months (August and September)

Cate arranged the insurance to begin on August 1, the premium for the two months was $300 which was due on July 31, which Cate paid with cash. Before the end of July she also obtained a one-time cleaning job from another friend who was out of the country and wanted her house cleaned before she returned on August 1. She agreed to pay Cate $250 upon her return.

rental of equipment they agreed to a fee of $50 for the one time rental/supply usage, with payment to be made in August.

Cate completed the house cleaning in July and sent the government a check for $80 for estimated taxes related to the house cleaning assignment.

Transactions in August:

She did so by transferring the existing business (including all assets and liabilities and equity) into the corporation as well as investing an additional $1,000 in the corporation and taking back common stock representing 100% ownership.

cate decided she would need her own equipment and supplies She paid $300 for the equipment. The store owner assured her that although the equipment was used - it was good for 6 more months of use.

she acquired $100 worth of cleaning supplies as well, also paying cash.

she cleaned her friend's business as required and collected the money from the other friend for whom she had cleaned the house in July.

She paid the rental fee for the July equipment rental as well.

Received cash payments of $1,700. She also cleaned an entire student dorm for which she was to be paid $1,000 in September.

Friend committed to two more months and again paid $2,000 in advance.

Extended insurance coverage for 2 more months by paying an additional $300.

she got a gas credit card for the business and during the month $200 had been charged for gas. The balance was due in September.

she ran out of supplies by the end of the month.

she estimated her corporation's taxes for the month of August were $1,000. Tax payments are due on October 15 and will be paid at that time.

When it comes to the taxes payable( deferred) do I include the 80 and 1000 on the balance sheet for August?