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how to prepare a tabular analysis?? Jenniter Davis opened a law office on July 1,2022. On July 31 , the balance sheet showed Cash $5,100,
how to prepare a tabular analysis??
Jenniter Davis opened a law office on July 1,2022. On July 31 , the balance sheet showed Cash $5,100, Accounts Receivable $1,700, Supplies $400. Equipment $5,800, Accounts Payabie $4,100, and Owner S Capital $8,900. During August, the following transactions occurred. 1. Collected $1.400 of accounts recelvable: 2. Paid $2.700 cash on accounts payable 3. Recognized revenue of $7,900 of which $3,100 is collected in cash and the balance is due in September: 4. Purchased additional equipment for $2,300, paying $400 in cash and the balance on account. 5. Paid salaries $1,800, rent for August $1,200, and advertising expenses $450. 6. Withdrew $900 in cash for personal use. 7. Received $1,100 from 5 tandard Federal Bank-money borrowed on a note payable. 8. Incurred utility expenses for month on account $270. Assets Liabilities or Owner's Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equityitem that was reduced. See lllustration 18 for example.) Liobilities or Owner's Equity. place a negative sigr for parenthesses/ in front of the amount entered for the particular Asset, Llability or Equitylitem that was reduced See llfustrotion 18 for example.) Step by Step Solution
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