Question 28 of 31 > View Policies -/14 E Current Attempt in Progress On April 1, Sage Hill Travel Agency Inc. was established. These transactions were completed during the month 1 25 3. 4. Stockholders invested $26.400 cash in the company in exchange for common stock Paid $792 cash for April office rent Purchased office equipment for $2.992 cash Purchased $176 of advertising for the month in the Chicago Tribune, on account Paid $440 cash for office supplies Performed services worth $10,560. Cash of $2.640 is received from customers, and the balance of $7.920 is billed to customers on account 16. 7 Paid $352 cash dividend 8. 9. 10. Paid Chicago Tribune amount due in transaction (4) Paid employees salaries $1.584 Received $7,920 in cash from customers billed previously in transaction (6) (a) Prepare a tabular analysis of the above transactions, Include margin explanations for any changes in revenues or expenses ( transaction results in 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) Assets Cash Accounts Receivable Supplies (3) $ (2) (5) (6) 17) 88895368 14)