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On April 1, Skysong, Inc. was established. These transactions were completed during the month 1 2 3 4 Stockholders invested $29.200 cash in the company

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On April 1, Skysong, Inc. was established. These transactions were completed during the month 1 2 3 4 Stockholders invested $29.200 cash in the company in exchange for common stock Paid $640 cash for April office rent Purchased office equipment for $3,520 cash Purchased $270 of advertising in the Chicago Tribune, on account Paid $600 cash for office supplies Performed services worth $11,700. Cash of $3,400 is received from customers and the balance of $8,300 is billed to customers on account Pald $330 cash dividends Pald Chiago Tribune amount due in transaction (4). Paid employees salaries $1,010, Received 58,300 in cash from customers billed previously in transaction (6) B 9 10 (a) Prepare a tabular analysis of the above transactions, include margin explanations for any changes in Retained Earnings of a transaction coussa decrease in Assets, Liabilities or Stockholders Equity.place a negatives for parentheses) in front of the amount entered for the particular Asset, Liability or Equity Item that was reduced. See Mustration 34 for complet Cash Accounts Receivable Assets Supplies Equipme $ 5 $ $ (29 131 15) 16) (7) (B) 09 Textbook and Media Prepare a tabular analysis of the above transactions. Include margin explanations for any changes in Retained Earnings. alfa transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign for parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced. See Illustration 3-4 for example) SKYSONG, INC. Liabilities Accounts Payable Common Stock Equipment + Revenues $ $ $ S Prepare a tabular analysis of the above transactions. Include margin explanations for any changes in Retained Earnings. Ofa transaction causes a decrease in Assets, Liabilities or Stockholders' Equity place a negative sten for porentheses) in front of the amount entered for the particular Asset, Liability or Equlty item that was reduced. See Mestration 3-4 for example) Stockholders' Equity Retained Earnings Expenses Dividends S $ > > > > > Service Revenue Rent Expense Advertising Expense Olvidendi sued Stock Salaries and West Expense e Textbook and Media Attempts: 0 of 3 used Submit Anter

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