Transactions made by Huddleston Co. for the month of March are shown below. Prepare a tabular analysis that shows the effects of these transactions on the expanded accounting equation, similar to that shown in Illustration 3-3 (page 110). 1. The company performed $20,000 of services for customers on account. 2. The company received $20,000 in cash from customers who had been billed for services

[in transaction (1)]. 3. The company received a bill for $1,800 of advertising but will not pay it until a later date. 4. Huddleston Co. paid a cash dividend of $3,000.

AppendixLO1