Question: View Policies Current Attempt in Progress Transactions made by Splish Brothers Co. for the month of March are shown below. 1. 2. 3. 4. The

 View Policies Current Attempt in Progress Transactions made by Splish Brothers
Co. for the month of March are shown below. 1. 2. 3.

View Policies Current Attempt in Progress Transactions made by Splish Brothers Co. for the month of March are shown below. 1. 2. 3. 4. The company performed $23,200 of services for customers on account. The company received $23,200 in cash from customers who had been billed for services [in transaction (1)]. The company received a bill for $2,088 of advertising but will not pay it until a later date. Splish Brothers Co, paid a cash dividend of $3,480. Prepare a tabular analysis that shows the effects of these transactions on the expanded accounting equation. (If a transaction results in a decrease in Assets, Liabilities or Stockholder'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.) Assets Liabilities Cash Accounts Receivable Accounts Payable + Common St 1 1. $ $ $ 2. 3. 4 1 e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answer transa expande ng equation or action resu epare a tabular analysis th decrease in Assets, Liabilities or Stockholder's Equity, place a negative sign (or parentheses) in front of the amount entered for the rticular Asset, Liability or Equity item that was reduced.) Stockholders' Equity Retained Earnings Revenues Expenses Common Stock Dividends $

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