Jose Loder established Bronco Consulting on August 1, 2019. The effect of each transaction and the balances after each transaction for August follow: Assets Accounts -Liabilities+ Accounts Jose Loder, Jose Loder, Fees Cash + Receivable + Supplies Payable + Capital Owner's Equity Excel Salaries Rent Auto Supplies Misc. Drawing Earned Expense -Expense-Expense- Expense - Expense a. +75,000 +75,000 b +9,000 +9,000 Bal. 75,000 9,000 9,000 75,000 c +92,000 +92,000 Bal. 167,000 9,000 9,000 75,000 92,000 d. -27,000 -27,000 Bal. 140,000 9,000 9,000 75.000 92,000 -27,000 e -6,000 -6,000 Bal 134,000 9,000 3,000 75,000 92,000 -27,000 f +33,000 +33,000 Bal. 134,000 33,000 9,000 3,000 75,000 125,000 -27,000 9 -23,000 -15,500 -7,500 Bal 111,000 33,000 9,000 3,000 75,000 125,000 -27,000 -15,500 -7.500 h. -58,000 Bal 53,000 33,000 9,000 3,000 75,000 125,000 -58,000 -58,000 -27,000 -15,500 -7500 i -6,100 -6.100 Bal 53,000 33,000 2,900 3,000 75.000 125,000 -58,000 -27,000 -15,500 6,100 -7,500 J -15,000 Bal. 38,000 33,000 2,900 3,000 75,000 -15,000 -15,000 125,000 -58,000 -27,000 -15,500 -6,100 -7,500 Details INSTRUCTIONS 1. Prepare an income statement for the month ended August 31, 2019. HIDE ANSWER Answer: Check Figure: Net income: $10,900 2. Prepare a statement of owner's equity for the month ended August 31, 2019. 3. Prepare a balance sheet as of August 31, 2019. 4. (Optional) Prepare a statement of cash flows for the month ending August 31, 2019.