Transactions made by Skysong Co$.$ for the month of March are shown below.

The company performed $$22,800$ of services for customers on account.

The company received $$22,800$ in cash from customers who had been billed for services $[$in transaction $(1)].$

The company received a bill for $$2,052$ of advertising but will not pay it until a later date.

Skysong Co$.$ paid a cash dividend of $$3,420.$

Prepare a tabular analysis that shows the effects of these transactions on the expanded accounting equation.

Decreases in assets, liabilities, or stockholders' equity require a negative sign or parentheses.

Increases in expenses require a negative sign or parentheses.

$\frac{\text{A}\text{s}\text{s}\text{e}\text{t}\text{s}}{\text{C}\text{a}\text{s}\text{h}}+\frac{\text{L}\text{i}\text{a}\text{b}\text{i}\text{l}\text{i}\text{t}\text{i}\text{e}\text{s}}{\text{\$}}+\frac{\text{A}\text{c}\text{c}\text{o}\text{u}\text{n}\text{t}\text{s}\text{R}\text{e}\text{c}\text{e}\text{i}\text{v}\text{a}\text{b}\text{l}\text{e}}{\text{\$}}=\frac{\text{A}\text{c}\text{c}\text{o}\text{u}\text{n}\text{t}\text{s}\text{P}\text{a}\text{y}\text{a}\text{b}\text{l}\text{e}}{\text{\$}}+\frac{\text{C}\text{o}\text{m}\text{m}\text{o}\text{n}\text{S}\text{t}\text{o}\text{c}\text{k}}{\text{\$}}$