ysis of transactions for Oriole & Co. a certified public accounting firm, for the month of August is shown as follows. The expenses were $700 for rent, $5,000 for salaries and wages, and $400 for utilities Accounts Accounts Owner's Cash Receivable Supplies Equipment Payable Owner's Capital Drawings Revenu 1. +$15,400 +$15,400 2. -2,700 +$5,000 +$2,300 * 3 -800 +$800 4 +3,500 +$4,300 +$7.9 5. -1,300 6. -2,000 -1,300 -$2,000 7. -700 8. +450 -450 9. -5.000 +400 10 Assume that August is the company's first month of business