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Financial Accounting - Prepare a tabular analysis of the transactions. I want 100% CORRECT ANSWER i will give you a Upvote. Do your best. Sarah

Financial Accounting - Prepare a tabular analysis of the transactions. I want 100% CORRECT ANSWER i will give you a Upvote. Do your best.

image text in transcribed image text in transcribed image text in transcribed image text in transcribed Sarah Design Ltd was founded in Dec 2020. Sarah Design provides unique and modern designing services to customers. During month of December 2020, the following transactions took place: 1-Dec Shareholders invested $400,000 cash in the business in exchange for shares. 6 Purchased Land for $90,000 and Equipment for $60,000 on account. 15 Purchased supplies costing $2,800 cash. 16 Received $5,500 cash from customer for services not performed yet. 18 Performed services and billed customer for services performed $9,000. 20 Received half of the amount in cash from the billed customers on December 18th. 26 Paid $40,000 cash for the purchase on account on December 6th. 29 Declared and paid cash dividends to shareholders for $2,000. 30 Paid salaries of the month, $2500. Required: Prepare a tabular analysis of the transactions using the following column headings: Cash, Accounts Receivable, Supplies, Equipment, Land, Accounts Payable, Unearned Revenue, Share Capital- Ordinary, Revenues, Expenses, and dividends. Sarah Design Ltd was founded in Dec 2020. Sarah Design provides unique and modern designing services to customers. During month of December 2020, the following transactions took place: 1-Dec Shareholders invested $400,000 cash in the business in exchange for shares. 6 Purchased Land for $90,000 and Equipment for $60,000 on account. 15 Purchased supplies costing $2,800 cash. 16 Received $5,500 cash from customer for services not performed yet. 18 Performed services and billed customer for services performed $9,000. 20 Received half of the amount in cash from the billed customers on December 18th. 26 Paid $40,000 cash for the purchase on account on December 6th. 29 Declared and paid cash dividends to shareholders for $2,000. 30 Paid salaries of the month, $2500. Required: Prepare a tabular analysis of the transactions using the following column headings: Cash, Accounts Receivable, Supplies, Equipment, Land, Accounts Payable, Unearned Revenue, Share Capital- Ordinary, Revenues, Expenses, and dividends

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