Question 5 of 6 0.574,vdots-=,vdots Transactions made by Splish Brothers Co....

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Accounting

Question 5 of 6
0.574,vdots-=,vdots
Transactions made by Splish Brothers Co. for the month of March are shown below.
The company performed $18,800 of services for customers on account.
The company received $18,800 in cash from customers who had been billed for services [in transaction (1)].
The company received a bill for $1,692 of advertising but will not pay it until a later date.
Splish Brothers Co. paid a cash dividend of $2,820.
Prepare a tabular analysis that shows the effects of these transactions on the expanded accounting equation.
Decreases in assets, liabilities, or stockholders' equity require a negative sign or parentheses.
Increases in expenses require a negative sign or parentheses.
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