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Massa Company, which has been operating for three years, provides marketing consulting services worldwide for dot-com companies. You are a financial analyst assigned to report

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Massa Company, which has been operating for three years, provides marketing consulting services worldwide for dot-com companies. You are a financial analyst assigned to report on the Massa manageme team's effectiveness at managing its assets efficiently. At the start of 2019 fits fourth year). Massa's T-accol balances were as follows. Dollars are in thousands Transactions for 2019: a. Provided $60,000 in services to clients who paid $49.700 in cash and owed the rest on account. b. Received $6,300 cash from clients on account. c. Received $420 in cash as interest revenue on investments. d. Paid $34.100 in wages, $12,200 in travel, $7100 in rent, and $1,300 on accounts payable. e. Received $1,000 in cash from clients in advance of services Massa will provide next year. f. Received a utility bill for $630 for 2019 services 9. Declared and immediately paid $390 in dividends to stockholders. Assets Cash Accounts Receivable 8,400 3,200 Long-Term Investments 7,000 Liabilities Accounts Payable Uneased Revenue 5,400 2,100 Long-Term Notes Payable 1,500 Stockholders' Equity Common Stock ($0.10 par value) Additional Paid-in Capital 3,740 660 Retained Earnings 5,200 Revenues Consulting Fee Revenue Interest Revenue Expenses Wages Expense Travel Expense Required information 2. Enter the 2019 transactions in the l-accounts: (Enter your answer in thousands, not in dollars.) Cash Accounts Receivable Beg. bal. Beg. bal. End, bal End, bal. L Accounts Payable Long-Term Investments Beg. bal. I Beg bal. End. bal. TEnd, bal Unearned Revenue Beg bali Long-Term Notes Payable Beg bal. End bal I End, bal. Common Stock Additional Paid-in Capital Beg. bal. Beg. bal. End, bal. End. bal. Retained Earnings Consulting Fee Revenue Beg. bal. Beg bal. End, bal O End. bal. Interest Revenue Wages Expense Beg bal. Begbal. TTT End, bal. End, bal o Travel Expense Beg. bal. Beg bal End ball End balo

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