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Prepare a tabular analysis that shows the effects of these transactions on the expanded accounting equation. ( If a transaction causes a decrease in Assets,

Prepare a tabular analysis that shows the effects of these transactions on the expanded accounting equation. (If a transaction causes 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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Current Attempt in Progress Transactions made by Pharoah Company for the month of March are shown below. 1 The company performed $ 23,660 of services for customers on account. 2 3 The company received $ 23,660 in cash from customers who had been billed for services (in transaction (1) The company received a bill for $2.470 of advertising but will not pay it until a later date. Pharoah Company paid a cash dividend of $ 2,930. 4. Prepare a tabular analysis that shows the effects of these transactions on the expanded accounting equation. (If a transaction causes a decrease in Assets, Llabilities 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) Assets Cash Liabilities + Accounts Receivable Accounts Payable + Common Stock Review Pepare a tabular analysis that shows the effects of these transactions on the expanded accounting equation of a 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) - / 1 Assets Cash + Accounts Receivable Liabilities (1) $ Accounts Payable + Common Stock (2) (3) e Textbook and Media om...docx 15

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