CES CALCULATOR FULL SCREEN 4 BACK PREGER VERSION Printer Version 1. 2. 3. The company performed $44,000 of services for customers, on credit. The company received $44,000 in cash from customers who had been billed for services (in transaction 1). The company received a bill for $2,700 of advertising but will not pay it until a later date. A. William withdrew $5,700 cash from the business for personal use. Prepare a tabular analysis which shows the effects of these transactions on the expanded accounting equation. (If a transaction 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 was reduced. See Illustration 1-8 for example.) Assets Liabilities Owner's Equity Accounts Accounts Owner's Owner's Cash Receivable Payable Capital Drawings Revenues Expenses (1) $ 3 $ (2) $ (3) $ $