Reference no: EM132571534

Question -

1. Invested $13,000 cash to start the agency.

2. Paid $500 cash for April office rent.

3. Purchased equipment for $2,400 cash.

4. Incurred $700 of advertising costs in the Chicago Tribune, on account.

5. Paid $500 cash for office supplies.

6. Performed services worth $10,000: $3,200 cash is received from customers, and the balance of $6,800 is billed to customers on account.

7. Withdrew $400 cash for personal use.

8. Paid Chicago Tribune $500 of the amount due in transaction (4).

9. Paid employees' salaries $2,000.

10. Received $3,800 in cash from customers who have previously been billed in transaction

Required - Create Complete the tabular analysis of the transactions.