Th 1-3 Exercises & Problems CILING eBook Calculator Print Item Transactions; Financial Statements On July 1, 2019, Pat Glenn established Half Moon Realty. Pat completed the following transactions during the month of July: a. Opened a business bank account with a deposit of $33,000 from personal funds. b. Purchased office supplies on account, $3,350. c. Paid creditor on account, $2,120. d. Earned sales commissions, receiving cash, $34,160. e. Paid rent on office and equipment for the month, $6,700. f. Withdrew cash for personal use, $11,000. 9. Paid automobile expenses (including rental charge) for the month, $3,210, and miscellaneous expenses, $1,540. h. Paid office salaries, $4,030. i. Determined that the cost of supplies on hand was $1,130; therefore, the cost of supplies used was $2,220. Required: 1. Indicate the effect of each transaction and the balances after each transaction. For those boxes in which no entry is required, leave the box blank. If required, enter negative values negative numbers. Assets - Liabilities + Owner's Equity Accounts Pat Glenn, Pat Glenn, Sales Office Salaries Cash Auto Supplies Miscellaneous + Supplies Payable Capital Drawing Commissions Rent Expense- Expense Expense Expense Expense a b. Bal. C. Ral Check My Work 2 more Check My Work uses remaining. Previous ment Score: 40% All work saved. Email Instructor Save and Exit Submit Assignment for Gr Ch 1-3 Exercises & Problems eBook Calculator Print 2. Prepare an income statement for July. Half Moon Realty Income Statement For the Month Ended July 31, 2019 Expenses: Total expenses Prepare a statement of owner's equity for July. If an amount is zero, enter "O". Half Moon Realty Statement of Owner's Equity For the Month Ended July 31, 2019 Check My Work 2 more Check My Work uses remaining. All work sa Assignment Score: 40% 000 000 F4 20 F3 F5 F2 eBook Calculator Print Item Ch 1-3 Exercises & Problems Half Moon Realty Statement of Owner's Equity For the Month Ended July 31, 2019 DO Prepare a balance sheet as of July 31. Half Moon Realty Balance Sheet July 31, 2019 Total assets Liabilities Owner's Equity Check My Work 2 more Check My Work uses remaining. Assignment Score: 40% All work saved 000 80 F3 F1 F2 F4 % 1 2 3 4 5 6 Prepare a balance sheet as of July 31. Half Moon Realty Balance Sheet July 31, 2019 > Total assets DIO Liabilities Ownets Equity Total liabilities and owner's equity Check My Work 2 more Check My Work uses remaining. Assignment Score: 40% All work savec SC 20 F3 000 000 F4 F5 F6 # $ % 1 2 3 4 5 6 For the Month Ended July 31, 2019 I Accounting Accounts receivable Pat Glenn, capital, July 1, 2019 Pat Glenn, capital, July 31, 2016 Cash Investment on July 1, 2019 Prepare a valance sheet as of July 31. > Half Moon Realty Balance Sheet July 31, 2019 Assets Total assets Liabilities