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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.

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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. The company received $23,660 in cash from customers who had been billed for services [in transaction (1)]. 3. The company received a bill for $2,470 of advertising but will not pay it until a later date. 4. Pharoah Company paid a cash dividend of $2,930. 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. See lllustration 3-4 for example.)

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