Please answer the question in the picture

Question 2: Exercises Questions 20 Marks No. 1 2 3 4 5 6 7 Nm in Assets Liabilities Owner's Equity Accounts Accounts Owner's Owner's Cash + Receivable + Supplies + Equipment = Payable + Capital - Drawings + Revenue - Expense +$15,000 +$15,000 -7,000 +$7,000 +$1,600 +$1,600 +1,200 +$1,200 +250 -$250 +1,500 +$2,000 +3,500 -600 -600 -900 -900 -200 -200 -250 -250 +600 -600 -1,300 $1,300 $ 8,050+ $1,400 + $1,600 + $7,000 = $1,600 + $15,000 - $1,300 + $4,700 - $1,950 8 000 9 10 Requirement: 1. Write down the transaction that occurred for the month. 2. Prepare T accounts (Ledger account) 3. Prepare Trial Balance 4. Prepare Income Statement and 5. Prepare Balance Sheet (5 marks) (5 marks) (4 marks)