Prepare a tabular analysis of the above transactions. Include margin explanations for any changes in Retained Earnings. $($If a

ransaction 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

$(1)$ $

$(2)$

$(3)$

$(4)$

$(5)$

$(6)$

$(7)$

$(8)$

$(9)$

$(10)$

Accounts Receivable

Supplies

$+$

$

$

$$

$$

$$

$1$

$1$

$ 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.$)$ Retained EarningsOn April $1,$ Skysong, Inc. was established. These transactions were completed during the month.

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 $(6).$