Question: Please help, I need the entire thing filled out. On April 1, Skysong, Inc. was established. These transactions were completed during the month. 1. 2.




Please help, I need the entire thing filled out.
On April 1, Skysong, Inc. was established. These transactions were completed during the month. 1. 2. 3. 4. 5. 6. Stockholders invested $29,200 cash in the company in exchange for common stock. Paid $640 cash for April office rent. Purchased office equipment for $3,520 cash. Purchased $270 of advertising in the Chicago Tribune, on account. Paid $600 cash for office supplies. Performed services worth $11,700. Cash of $3,400 is received from customers, and the balance of $8,300 is billed to customers on account. Paid $330 cash dividends. Paid Chicago Tribune amount due in transaction (4). Paid employees' salaries $1,010. Received $8,300 in cash from customers billed previously in transaction (6). 7. 8. 9. 10. Prepare a tabular analysis of the above transactions. Include margin explanations for any changes in Retained Earnings. (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 Illustration 3-4 for example.) Assets + Supplies Cash + Accounts Receivable + Equipment (1) $ $ ta $ (2) (3) (4) (5) (6) (7) (8) (9) (10) $ $ $ $ Prepare a tabular analysis of the above transactions. Include margin explanations for any changes in Retained Earnings. (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 Illustration 3-4 for example.) SKYSONG, INC. Liabilities Accounts Payable Common Stock + Equipment + + Revenues $ $ $ $ Prepare a tabular analysis of the above transactions. Include margin explanations for any changes in Retained Earnings. (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 Illustration 3-4 for example.) Stockholders' Equity Retained Earnings Revenues Expenses Dividends $ $ $ | $ $ $
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