Please use the financial statement effects template below to answer the question. Thanks!

Question #3: During August, the following summary transactions were completed. Aug. 5 Received $1,200 cash from customers in payment of account. 10 Paid $3,120 for salaries due employees, of which $1,700 is for August and $1,420 is for July salaries payable. 12 Received $2,800 cash for services performed in August 15 Purchased store equipment on account $2,000. 17 Purchased supplies on account $860. 20 Paid creditors $2,000 of accounts payable due. 22 Paid August rent $380. 25 Paid salaries $2,900. 27 Performed services worth $3,130 on account and billed customers. 29 Received $780 from customers for services to be provided in the future. Required: Use FSET to record the transactions BALANCE SHEET INCOME STATEMENT Transaction Liabilities Revenues Cash Assets Net Income Non cash Assets Expenses Contrib . . Earned