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C. In 2020, the company had the following transactions: 1. Borrowed $3,000 from a bank 2. Sold $180,000 of services to customers 3. Paid $3,200

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C. In 2020, the company had the following transactions: 1. Borrowed $3,000 from a bank 2. Sold $180,000 of services to customers 3. Paid $3,200 for advertising 4. Paid $92,000 in employee payroll 5. Made a payment on a bank loan for $2,500 6. Purchased $3,400 of equipment 7. Paid $14,000 in rent 8. Received $1,500 from customers on account 9. Paid $800 owed to suppliers 10. Paid $1,200 in dividends to owners Prepare a tabular analysis for 2020, record the transactions and prepare statement of cash flows, income statement, statement of retained earnings and balance for the company for that year. C. In 2020, the company had the following transactions: 1. Borrowed $3,000 from a bank 2. Sold $180,000 of services to customers 3. Paid $3,200 for advertising 4. Paid $92,000 in employee payroll 5. Made a payment on a bank loan for $2,500 6. Purchased $3,400 of equipment 7. Paid $14,000 in rent 8. Received $1,500 from customers on account 9. Paid $800 owed to suppliers 10. Paid $1,200 in dividends to owners Prepare a tabular analysis for 2020, record the transactions and prepare statement of cash flows, income statement, statement of retained earnings and balance for the company for that year

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