WILL RATE

Transactions made by Metiock and Co, a law firm, for the month of March are shown below. Prepare a tabular summary, which shows the effects of these transa Nons on the expanded accounting equation. (If o transoction results in a decrease in Assets, Liabilities or Owner's Equity place a nesotive sian for parenthesest in front of the amount entered for the particular Asset, Liablity or Equity item that was reduced) 1. The company performed $17,900 of services for customers, on credit. 2. The compary received $17,800 in cash from customers who had been billed for services (in Transaction (1)] 3. The company recelved a bill for $1,000 of advertising but will not pay it untila later date 4. M. Alberti withdrew $4,400 cash from the business for personal use Transactions made by Metlock and Co., alaw firm, for the month of March are shown below. Prepare a tabular summary, which shows the effects of these transactions on the expanded accounting equation of a transoction results in a decrease in Assets, Liabilities or Owner's Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that wos reduced.) 1. The company performed $17,800 of services for customers, on credit. 2. The company received $17,800 in cash from customers who had been bilied for services [in Transaction (1)] 3. The company recelved a bill for $1,000 of advertising but will not pay it until a later date. 4. M. Alberti withdrew $4,400 cash from the business for personal use