Question 25 View Policies Current Attempt in Progress An analysis of the transactions made by Cookie Mountain Legal, a law firm, for the month of July is shown below. Each increase and decrease in stockholders' equity is explained. Assets Liab + Stockholders' Equity Retained Earnings Accounts Accounts Cash + Receivable + Supplies + Equipment - Payable + Com Stock + Rev. Exp Div. 1. +$15,000 +$15,000 2. -2,000 +$5,000 $3,000 3. -750 +$750 4. +2,500 +$6,600 +$9,100 Rev. 5. -1,500 - 1,500 6. -2,500 -$2,500 Div. 7. -750 -$750 Rent 8. +550 -550 9. -4,500 -$4,500 Sal. 10. +500 -500 Util Prepare an income statement for the month ending July 31, 2018. Prepare an income statement for the month ending July 31, 2018. COOKIE MOUNTAIN LEGAL Income Statement $ $ Prepare a retained earnings statement for the month ending July 31, 2018. COOKIE MOUNTAIN LEGAL Retained Earnings Statement $ $ Se for