.Required:
A.Analyze the changes in this schedule for each transaction; then explain the transaction.
Transaction (1)is given below as an example:
(1)Accounts Receivable decreased $200,and Cash increased by $200.Therefore,
transaction (a)was the collection of $200 cash from a customer on account.
B.Using the September 30 balances shown in column (6),prepare an income statement,statement of retained earnings,and balance sheet.

Question

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The Answer of .Required:
A.Analyze the changes in this schedule for each transaction; then explain the transaction.
Transaction (1)is given below as an example:
(1)Accounts Receivable decreased $200,and Cash increased by $200.Therefore,
transaction (a)was the collection of $200 cash from a customer on account.
B.Using the September 30 balances shown in column (6),prepare an income statement,statement of retained earnings,and balance sheet.

.Required: A.Analyze the Changes in This Schedule for Each Transaction; Then