Prepare a tabular analysis which shows the effects of these transactions on the expanded accounting equation:
Assume the following transactions for DAN company during their first month of work:
1. The business owner invests $10000 cash in Company DAN.
2. DAN purchases $3000 cash of equipment.
3. DAN purchases $1300 of supplies on credit.
4. DAN receives $800 cash from customers for services provided.
5. DAN pays $400 cash expense for employee salaries.
6. DAN provides $9500 of services. The company receives cash of $6500 from customers, and it bills the balance of $3000 on account.
7. DAN receives a bill for $500 from the News Company for advertising on its website but postpones payment to next month.
8. DAN receives $2000 in cash from customers who had been billed for services (in Transaction 6).
9. DAN pays its $500 Company News bill in cash. The company previously (in Transaction 7) recorded the bill as an increase in Accounts Payable.
10. The corporation pays a dividend of $1500 in cash to shareholders of DAN.
Prepare a tabular analysis which shows the effects of these transactions on the
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