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CALCULATOR PRIRTER VERON BACK NEXT Bo Tt Review 1-04 Transactions made by Morian and Co., a law firm, for the month of March are shown
CALCULATOR PRIRTER VERON BACK NEXT Bo Tt Review 1-04 Transactions made by Morian and Co., a law firm, for the month of March are shown below 1 The company performed 523,000 of services for customer, on credit 2 The company received $23,000 in cash from customers who had been bled for services (in transaction 1). 3. The company received a bill for $1,000 of advertising, but will not pay it until a later date 4. The company paid a dividend of $5,000 in cash to stockholders Prepare a tabular analysis which shows the effects of these transactions on the accounting equation (If an amount reduces the account balance the enter with a negative son preceding the number. -15,000 or parenthests (15,000).) Assets Liabilities Stockholders' Equity Retained Earnings Cash Accounts Receivable Accounts Payable. Common Stock Revenues Expenses Dividends $ $ (2) 5 $ $ 5 5 5 $ $ 5 $ 5 $ Click if you would like to Show Work for this question on Shower
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