Cash Receivable - Supplies = Payable - Stock - Dividends +Earned - Expense - Expense - Expense - Expense -Expense +58,000 +58,000 +6,500 +6,500 6,500 6,500 58,000 58,000 -3.700 -3,700 6,500 2,800 58,000 54,300 -109,000 +109,000 163,300 6.500 2,800 58.000 109,000 -35,000 -35,000 128,300 6,500 2,800 58,000 109,000 -35,000 -21,100 -7.100 -14.000 -14.000 6,500 2.800 58.000 109,000 -35,000 -7,100 107,200 -55,000 -55,000 52,200 6,500 2,800 58.000 109,000 -55,000 35,000 - 14,000 -7,100 4.400 -4,400 2,100 52,200 2,800 58,000 -55.000 35,000 -14.000 4,400 -7.100 109,000 +50,000 +50,000 50,000 159,000 2,100 2,800 58,000 -55,000 35,000 - 14.000 4,400 -7.100 52,200 -11,000 -11,000 50,000 58,000 2.100 - 11,000 2,800 159,000 -55.000 -4.400 35,000 -7.100 41,200 -14.000 1. Prepare an income statement for the month ended July 31, 202. Refer to the lists of Accounts, Labels and Amount Descriptions for the exact wording of the answer choices for text entries. Be sure to complete the statement heading. If there is a net loss, enter that amount as a negative number using a minus sign. You will not need to enter colons() on the Income statement 2. Prepare a statement of stockholders' equity for the month ended July 31, 20Y2 Refer to the Ists of Accounts, Labels and Amount Descriptions for the exact wording of the answer choices for text entries. Be sure to complete the statement heading. If a net loss is incurred or dividends were paid, enter that amount as a negative number using a minus sign. If an amount is zero, enter "O" 3. Prepare a balance sheet as of July 31, 2012. Refer to the lists of Accounts, Labels and Amount Descriptions for the exact wording of the answer choices for text entries. Be sure to complete the statement heading 4. Prepare a statement of cash flows for the month ending July 31, 2012. Refer to the lists of Accounts, Labels and Amount Descriptions for the exact wording of the answer choices for text entries. Be sure to complete the statement heading Use the minus sign to indicate cash outflows, cash payments and decreases in cash. You will not need to enter colons() on the financial statements. If an amount is zero, enter *O*. Feye established Reliance Financial Services on July 1, 2012. Reliance Financial Services offers financial planning advice to its clients. The effect of transaction and the balances after each transaction for July follow Assets =Liabilities + Stockholders' Equity Accounts Accounts Common Fees Salaries Rent Auto Supplies Misd Cash +Receivable + Supplies = Payable + Stock - Dividends +Earned - Expense - Expense - Expense - Expense - Expe! 3. +58,000 +58,000 b +6,500 +6,500 6,500 Bal. 58,000 58,000 6,500 -3,700 C -3,700 Bal. 54,300 6,500 2,800 58,000 +109,000 d.+109,000 6,500 2,800 58,000 109,000 Bal. 163,300 e -35,000 -35,000 109,000 58,000 35,000 6,500 2,800 Bal. 128,300 - 14,000 -710 -35,000 - 14,000 109,000 -7.10 6,500 58,000 1. -21,100 Bal. 107,200 g -55,000 2,800 -55,000 -55,000 109,000 -35,000 - 14,000 -7.10 6,500 2,800 58,000 Bal. 52,200 -4,400 h -4,400