Question: please state what it equates to at the end ,the options are (advertising expense,rent expense,salaries and wages expense,service revenue,dividends,issued stock) Question 1 of 1 0.44/1
please state what it equates to at the end ,the options are (advertising expense,rent expense,salaries and wages expense,service revenue,dividends,issued stock)Question 1 of 1 0.44/1 E On April 1. Wonder Travel Agency Inc was established. These transactions were completed during the month 1 12 3 4 5. Stockholders invested $30,000 cash in the company in change for common stock Paid $900 cash for April office rent Purchased office equipment for $3,400 cash Purchased $200 of advertising in the Chicago Tribune, on account Paid 5500 cash for office supplies Performed services worth $12.000. Cash of 53.000 is received from customers, and the balance of $9.000 billette customers on account Paid $400 cash dividends. Pald Chicago Tribune amount due in transaction (4) Paid employees salaries $1.800 Received $9.000 in cash from customers billed previously in transaction (01. 6 7 9. 10 6) (a) Your answer is partially correct. Prepare a tabular analysis of the above transactions. Include margin explanations for any changes in Retained Earnings fifa transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign for parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced. See llustration 3-4 for example) Stockholders' Equity Retained Earnings Dividends Expenses
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