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On April 1, Shamrock Travel Agency Inc, was established. These transactions were completed during the month. 1) Stockholders invested $27,000 cash in the company in

On April 1, Shamrock Travel Agency Inc, was established. These transactions were completed during the month.

1) Stockholders invested $27,000 cash in the company in exchange for common stock

2) Paid $180 cash for April office rent.

3) Purchase office equipment for $3,060 cash.

4) Purchase $180 of advertising for the month in the Chicago Tribune, on account.

5) Paid $450 cash for office supplies

6) Performed services worth $10,800. Cash of $2,700 is received from customers and the balance of $8,100 is billed to customers on account.

7) Paid $360 cash dividend.

8) Paid Chicago Tribune amount due in transaction (4).

9) Paid employees salaries $1,620.

10) Received $8,100 in cash from customers billed previously in transaction (6).

Prepare a tabular analysis of the above transactions. Include margin explanations for any changes in revenues or expenses. (If a transaction result in a decrease in Assets, Liabilities or Stockholders Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced)

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