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Instructions: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 Prepare a tabular analysis of the

Instructions: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 Prepare a tabular analysis of the transactions below. Stockholders invested $25,000 in exchange for common stock. Purchased Equipment costing $22,000; Paid $10,000 and the remainder is on account Paid amount owed to a creditor, $500 Signed a 1-year note a National Bank for $30,000 Provided services totaling $12,000; Received 25% and the remainder is on account Paid cash for supplies, $5,000 Collected $1,500 from a customer who has already been billed (work was completed last month) Paid utilities, $2,000 Provided services totaling $10,000; received 30% and the remainder is on account Paid cash for equipment, $3,000 Purchased supplies costing $2,500; paid 50% and the remainder is on account Incurred Salary costs, $27,500 Provided services on account, $25,000 Paid advertising costs, $2,800 Collected $1,300 from customers who were previously billed Paid for repairs to equipment, $2,600 Paid $5,000 of amount owed from transaction #2 Collected $3,000 from transaction #9 II. Prepare an income statement, stockholders' equity statement, and a balance sheet the the quarter ended March 31, 20:
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1. Prepare a tabular analysis of the transactions below. 1 Stockholders invested $25,000 in exchange for common stock. 2. Purchased Equipment costing $22,000; Paid $10,000 and the remainder is on account 3. Paid amount owed to a creditor, $500 4 Signed a 1-year note a National Bank for $30,000 5 Provided services totaling $12,000; Received 25% and the remainder is on account 6. Paid cash for supplies, $5,000 7 Collected \$1,500 from a customer who has already been billed (work was completed last month) 8 Paid utilities, $2,000 9 Provided services totaling $10,000; received 30% and the remainder is on account 10 Paid cash for equipment, $3,000 11 Purchased supplies costing $2,500; paid 50% and the remainder is on account 12 incurred Salary costs, $27,500 13 Provided services on account, $25,000 14 Paid advertising costs, $2,800 15 Collected $1,300 from customers who were previously billed 16 Paid for repairs to equipment, $2,600 17 Paid $5,000 of amount owed from transaction 12 18 Collected $3,000 from transaction 199

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