CAN SOMEONE HELP ME DO A TABULAR ANALYSIS TRANSACTIONS? On April 1, Margaret Moore established Moore’s Travel Agency. The following transactions were completed during the month.1. Invested $14,000 cash to start the agency.2. Paid $700 cash for April office rent.3. Purchased equipment for $3,600 cash.4. Incurred $900 of advertising costs in the Chicago Tribune, on account.5. Paid $900 cash for office supplies.6. Performed services worth $10,000: $2,500 cash is received from customers, and the balance of $7,500 is billed to customers on account.7. Withdrew $500 cash for personal use.8. Paid Chicago Tribune $700 of the amount due in transaction (4).9. Paid employees' salaries $2,200.10. Received $4,500 in cash from customers who have previously been billed in transaction (6). ### Assets Worksheet Template#### Instructions:This worksheet template is designed to help students categorize and sum up different types of assets. The asset categories include Cash, Accounts Receivable, Supplies, and Equipment. Each category has a column where you can input the respective values.#### Asset Categories:- **Cash**: Enter the amount of cash available.- **Accounts Receivable**: Enter the amount expected to be received from customers who have been billed.- **Supplies**: Enter the value of supplies on hand.- **Equipment**: Enter the value of equipment.#### Input Fields:Each asset type has ten rows for individual entries and a total row at the bottom to sum all entries for that category.#### Explanation:1. **Cash**: - Column for cash values. - Enter the value of available cash in each corresponding row (1 to 10).2. **Accounts Receivable**: - Column for accounts receivable values. - Enter the amount expected to be received from customers in each corresponding row (1 to 10).3. **Supplies**: - Column for supplies values. - Enter the value of available supplies in each corresponding row (1 to 10).4. **Equipment**: - Column for equipment values. - Enter the value of equipment in use in each corresponding row (1 to 10).#### Total Calculation:- At the bottom of each column, there is a total field to sum the entries in rows 1 through 10 for each asset type.This template facilitates understanding and managing different kinds of assets for educational purposes. It is particularly valuable for accounting students learning to categorize and total assets. ### Educational Accounting WorksheetThis educational accounting worksheet helps in analyzing various financial elements such as liabilities and owner's equity. Below is a detailed description and labeled layout to help in understanding and organizing financial information.#### Columns and Labels:1. **Liabilities** - **Accounts Payable**: - Blank $ fields for inputting monetary values associated with accounts payable. 2. **Owner's Equity** - **Owner's Capital (+)**: - Blank $ fields for inputting monetary values related to increases in owner's capital. - **Owner's Capital (–)**: - Blank $ fields for inputting monetary values related to decreases in owner's capital. - **Owner's Drawings (–)**: - Blank $ fields for recording amounts withdrawn by the owner. - **Revenues (+)**: - Blank $ fields for inputting monetary values related to company revenues.#### How to Use the Worksheet:- **Accounts Payable**: - Enter the amounts payable by the business in the relevant rows under the "Accounts Payable" column.- **Owner's Capital**: - Use the column “Owner’s Capital (+)” to enter all increases in the owner’s capital. - Use the column “Owner’s Capital (-)” to note down any decreases in the owner’s capital.- **Owner's Drawings**: - Record any amounts withdrawn by the owner from the business in the "Owner’s Drawings" column.- **Revenues**: - List all revenue amounts in the "Revenues" column.This worksheet allows for a clear and organized recording of changes in financial position items, enhancing the understanding of the financial health of a business. The at-a-glance layout is useful for both educational purposes and practical accounting applications.

Name: CAN SOMEONE HELP ME DO A TABULAR ANALYSIS TRANSACTIONS? On April 1, M
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Description: CAN SOMEONE HELP ME DO A TABULAR ANALYSIS TRANSACTIONS? On April 1, Margaret Moore established Moore’s Travel Agency. The following transactions were completed during the month.1. Invested $14,000 cash to start the agency.2. Paid $700 cash for April

All the transactions of the company that are happened during the year will be recorded first in the…

Answered: CAN SOMEONE HELP ME DO A TABULAR…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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1.		Invested $14,000 cash to start the agency.
2.		Paid $700 cash for April office rent.
3.		Purchased equipment for $3,600 cash.
4.		Incurred $900 of advertising costs in the Chicago Tribune, on account.
5.		Paid $900 cash for office supplies.
6.		Performed services worth $10,000: $2,500 cash is received from customers, and the balance of $7,500 is billed to customers on account.
7.		Withdrew $500 cash for personal use.
8.		Paid Chicago Tribune $700 of the amount due in transaction (4).
9.		Paid employees' salaries $2,200.
10.		Received $4,500 in cash from customers who have previously been billed in transaction (6).