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complete the tabular analysis of the transaction. On April 1, Elizabeth Brown established Brown's Travel Agency. The following transactions were completed during the month. 1.

complete the tabular analysis of the transaction. image text in transcribed
On April 1, Elizabeth Brown established Brown's Travel Agency. The following transactions were completed during the month. 1. Invested $13,000 cash to start the agency. 2. Paid $600 cash for April office rent. 3. Purchased equipment for $3,400 cash. 4. Incurred $800 of advertising costs in the Chicago Tribune, on account. 5. Paid $700 cash for office supplies. 6. Performed services worth $10,000:$3,000 cash is received from customers, and the balance of $7,000 is billed to customers on account. 7. Withdrew $500 cash for personal use. 8. Paid Chicago Tribune $600 of the amount due in transaction (4). 9. Paid employees' salaries $2,500. 10. Received $4,000 in cash from customers who have previously been billed in transaction (6)

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