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On April 1, Donna Clark established Clark's Travel Agency. The following transactions were completed during the month. 1. Invested $13,000 cash to start the agency. 2. Paid $500 cash for April office rent. 3. Purchased equipment for $3,800cash. 4. Incurred $600 of advertising costs in the Chicago Tribune, on account. 5. Paid $600 cash for office supplies. 6. Performed services worth $10,000:$3,500 cash is received from customers, and the balance of $6,500 is billed to customers on account. 7. Withdrew $600 cash for personal use. 8. Paid Chicago Tribune $400 of the amount due in transaction (4). 9. Paid employees' salaries $2,800. 10. Received $3.500 in cash from customers who have previously been billed in transaction (6). (a) Complete the tabular analysis of the transactions. (If a transaction results in a decrease in Assets, Ulabilities or Owner's Equitx ploce a negative sign (or parentheses) in front of the amount entered for the particular Asset, Lability or Equity item that was reduced, See Illustration 1-8 for example) Complete the tabular analysis of the transactions. (ff a transoction results in a decreose in Assets, Llabilitles or Owner's Equity, ploce o negative sign (or parentheses) in front of the amount entered for the particular Asset, Lability or Equity item that was reduced See Illustrution 1-8 for cuample) Assets Accounts Cash 1. $ 2. 3. 4. 5. 6. 7. 8. 9. 10. Question 1 of 2 Question 1 of 2 Owner's Equity

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