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1. Transactions made by Carla Vista Co. for the month of March are shown below. The company performed $22,060 of services for customers on account,

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1. Transactions made by Carla Vista Co. for the month of March are shown below. The company performed $22,060 of services for customers on account, The company received $22,060 in cash from customers who had been billed for services (in transaction (1)). The company received a bill for $2,670 of advertising but will not pay it until a later date. Carla Vista Co. paid a cash dividend of $5,920. 2. 3. 4. Prepare a tabular analysis that shows the effects of these transactions on the expanded accounting equation. If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced. See Illustration 3-4 for example.) Cash Assets Accounts Receivable + Liabilities Accounts Payable Common Stock $ $ $ (2) (3) (4) es' Straits of.pdf wie

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