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Sarah Design Ltd was founded in Dec 2020. Sarah Design provides unique and modern designing services to customers. During month of December 2020, the following transactions took place: 1-Dec Shareholders invested $400,000 cash in the business in exchange for shares. 6 Purchased Land for $90,000 and Equipment for $60,000 on account. 15 Purchased supplies costing $2,800 cash. 16 Received $5,500 cash from customer for services not performed yet. 18 Performed services and billed customer for services performed $9,000. 20 Received half of the amount in cash from the billed customers on December 18th. 26 Paid $40,000 cash for the purchase on account on December 6th. 29 Declared and paid cash dividends to shareholders for $2,000. 30 Paid salaries of the month, $2500. Required: Prepare a tabular analysis of the transactions using the following column headings: Cash, Accounts Receivable, Supplies, Equipment, Land, Accounts Payable, Unearned Revenue, Share Capital- Ordinary, Revenues, Expenses, and dividends. Sarah Design Ltd was founded in Dec 2020. Sarah Design provides unique and modern designing services to customers. During month of December 2020, the following transactions took place: 1-Dec Shareholders invested $400,000 cash in the business in exchange for shares. 6 Purchased Land for $90,000 and Equipment for $60,000 on account. 15 Purchased supplies costing $2,800 cash. 16 Received $5,500 cash from customer for services not performed yet. 18 Performed services and billed customer for services performed $9,000. 20 Received half of the amount in cash from the billed customers on December 18th. 26 Paid $40,000 cash for the purchase on account on December 6th. 29 Declared and paid cash dividends to shareholders for $2,000. 30 Paid salaries of the month, $2500. Required: Prepare a tabular analysis of the transactions using the following column headings: Cash, Accounts Receivable, Supplies, Equipment, Land, Accounts Payable, Unearned Revenue, Share Capital- Ordinary, Revenues, Expenses, and dividends. Sarah Design Ltd was founded in Dec 2020. Sarah Design provides unique and modern designing services to customers. During month of December 2020, the following transactions took place: 1-Dec Shareholders invested $400,000 cash in the business in exchange for shares. 6 Purchased Land for $90,000 and Equipment for $60,000 on account. 15 Purchased supplies costing $2,800 cash. 16 Received $5,500 cash from customer for services not performed yet. 18 Performed services and billed customer for services performed $9,000. 20 Received half of the amount in cash from the billed customers on December 18th. 26 Paid $40,000 cash for the purchase on account on December 6th. 29 Declared and paid cash dividends to shareholders for $2,000. 30 Paid salaries of the month, $2500. Required: Prepare a tabular analysis of the transactions using the following column headings: Cash, Accounts Receivable, Supplies, Equipment, Land, Accounts Payable, Unearned Revenue, Share Capital- Ordinary, Revenues, Expenses, and dividends