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Transactions made by A. Mark and Co, a law firm for the month of March are shown as follows. 1. 2. The company performed $ 19,000 of services for customers, on credit. The company received $ 19,000 in cash from customers who had been billed for services (in transaction 1). The company received a bill for $3,100 of advertising but will not pay it until a later date. A. Mark withdrew $ 5,500 cash from the business for personal use. 3. 4. Prepare a tabular analysis which shows the effects of these transactions on the expanded accounting equation. (If a transaction results in a decrease in Assets, Liabilities or Owner's 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 1-8 for example.) Assets Liabilities Cash Accounts Receivable Accounts Payable Owner's Capital $ $ (1) 19.000 (2) 19.000 $ -19.000 $ $ $ (3) $ S 3.100 $ Transactions made by A. Mark and Co., a law firm, for the month of March are shown as follows. 1. 2. The company performed $ 19,000 of services for customers, on credit. The company received $ 19,000 in cash from customers who had been billed for services (in transaction 1). The company received a bill for $3,100 of advertising but will not pay it until a later date. A. Mark withdrew $5,500 cash from the business for personal use. 3. 4. Prepare a tabular analysis which shows the effects of these transactions on the expanded accounting equation. (If a transaction results in a decrease in Assets, Liabilities or Owner's Equity, place a negative sign for parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced. See Illustration 1-8 for example.) Owner's Equity Owner's Capital Owner's Drawings Revenues Expenses $ $ 19.000 $ $ $ $ $ $ 3.100 Liabilities Assets Accounts Receivable Accounts Payable Owner's Capital Cash $ $ $ 19.000 $ (1) -19.000 $ $ 19.000 (2) 3.100 $ $ $ $ (3) $ -5.500 $ (4) 3.100 $ $ 13,500 $ Owner's Equity Owner's Capital Owner's Drawings Revenues Expenses 19.000 $ $ $ $ 1.100 $ 5500 19000 5 2100 Transactions made by A. Mark and Co., a law firm, for the month of March are shown as follows, 1. 2. The company performed $ 19,000 of services for customers, on credit The company received $ 19,000 in cash from customers who had been billed for services (in transaction 1). The company received a bill for $ 3,100 of advertising but will not pay it until a later date. A. Mark withdrew $5,500 cash from the business for personal use. 3. 4. Prepare a tabular analysis which shows the effects of these transactions on the expanded accounting equation (If a transaction results in a decrease in Assets, Liabilities or Owner's 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 1-8 for example.)