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Oblem 1-2a judi salem opened a law office on july 1, 2017. on july

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Oblem 1-2a judi salem opened a law office on july 1, 2017. on july Judi Salem opened a law office on July 1, 2017. On July 31, the balance sheet showed Cash $5,300, Accounts Receivable $1,900, Supplies $600, Equipment $6,000, Accounts Payable $4,000, and Owner’s Capital $9,800. During August, the following transactions occurred. 1.   Collected $1,600 of accounts receivable. 2.   Paid $3,000 cash on accounts payable. 3.   Recognized revenue of $7,300, of which $1,900 is collected in cash and the balance is due in September. 4.   Purchased additional equipment for $1,900, paying $400 in cash and the balance on account. 5.   Paid salaries $1,700, rent for August $1,100, and advertising expenses $350. 6.   Withdrew $700 in cash for personal use. 7.   Received $1,600 from Standard Federal Bank—money borrowed on a note payable. 8.   Incurred utility expenses for month on account $270.   How do I prepare a tubular analysis


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