At the beginning of March, Sheridan Software Company had Cash of $ 12,471, Accounts Receivable of $ 17,601, Accounts Payable of $ 3,956, and G. Sheridan, Capital of $ 26,116. During the month of March, the following transactions occurred.

1.		Purchased equipment for $ 24,116 from Digital Equipment. Paid $ 3,916 cash and signed a note payable for the balance.
2.		Received $ 11,919 from customers for contracts billed in February.
3.		Paid $ 2,817 for March rent of office space.
4.		Paid $ 2,546 of the amounts owing to suppliers at the beginning of March.
5.		Provided software services to Kwon Construction Company for $ 6,505 cash.
6.		Paid BC Hydro $ 1,052 for energy used in March.
7.		G. Sheridan withdrew $ 4,973 cash from the business.
8.		Paid Digital Equipment $ 2,121 on account of the note payable issued for the equipment purchased in transaction 1. Of this, $ 101 was for interest expense.
9.		Hired an employee to start working in April.
10.		Incurred advertising expense on account for March, $ 1,365.

Prepare a tabular analysis of the above transactions. The first row contains the amounts the company had at the beginning of March. (If a transaction causes a decrease in Assets, Liabilities or Owner's Equity, place a negative sign (or parenthesis) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced. See Illustration 1-24 for example.)

	Assets					=	Liabilities			+	Owner's Equity
Trans.	Cash		+ Accounts Rec.		+ Equipment		+ Accounts Payable		+ Note Payable		+ G. Sheridan Capital		- G. Sheridan Drawings		+ Revenues		- Expenses
Bal.	$		$		$		$		$		$		$		$		$
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
Total	$		$		$		$