View Policies Current Attempt in Progress Transactions made by A. Mark and Co, a law firm, for the month of March are shown as follows. 1. 2 The company performed $ 19,000 of services for customers, on credit. The company received $ 19,000 in cash from customers who had been billed for services (in transaction 1). The company received a bill for $ 3,100 of advertising but will not pay it until a later date. A. Mark withdrew $ 5.500 cash from the business for personal use. 3. 4. 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 that was reduced. See Illustration 1-8 for example.) Assets Liabilities Cash Accounts Receivable Accounts Payable Owner's Capital (1) $ $ (2) ta $ $ $ $ $ $ (3) $ $ $ (4) $ 1 $ $ $ $ Owner's Equity Owner's Capital Owner's Drawings Revenues Expenses $ $ $ $ $ $ $ $ $ $ $ $ A $ $ $ $ Assistance Used e Textbook and Media Attempts: 0 of 3 used Submit Answer Save for Later Last saved 2 days ago Saved work will be auto-submitted on the due date Auto- submission can take up to 10 minutes