Use Transactions 1-33 then complete the charts below.

Transactions-all are for the month of August 1 . Received cash from owner as an investment, $8750. 2. Paid cash for supplies, $500. 3. Paid cash for rent, $300. 4. Bought supplies on account from Rim Supply, $1,200. 5. Paid cash for the electric bill, $250. Paid cash on account to Rim Supply, $700. 8. Received cash for sales, $425. 8. Sold services on account to M. Bien, $125. Paid cash for insurance, $1,900. 10. Paid cash for Miscellaneous Expense, $27. 10. Received cash for sales, $297. 11. Paid cash for supplies, $770. 12. Received cash for sales, $1,062. 15. Paid cash to owner for personal use, $125. 16. Paid cash for repairs, $88. 17. Received cash on account from M. Bien, $125. 17. Bought supplies on account from Parks Co., $345. 19. Received cash from sales, $975. 22. Bought supplies on account from Parks Co., $80. 22. Received cash from sales, $1,025. 23. Paid cash for telephone bill, $50. 23. Sold services on account to M. Bien, $425. 24. Paid cash for advertising, $80. 26. Paid cash for supplies, $45. 26. Received cash from sales, $760. 29. Received cash on account from M. Bien, $425. 31. Paid cash to owner for personal use, $150.Chapter 2 Recycling Problem E-3 Paper Work Trial Balance: Debits = Credits Account Title Dr Cr Cash Supplies Rent Expense Total PROFIT & LOSS: R -E = Net Profit/Loss R E Net Profit/LossBALANCE SHEET (A = L + OE ) Assets Liabilities Total Liabilities Owner's Equity Total OF Total Assets Total L + OE