Transactions madė by Marigold Corp., a law firm, for the month of March are shown below. The company performed $21,000 of services for customers, on credit. The company received $21,000 in cash from...

Extracted text: Transactions madė by Marigold Corp., a law firm, for the month of March are shown below. The company performed $21,000 of services for customers, on credit. The company received $21,000 in cash from customers who had been billed for services (in transaction 1). 1. 2. 3. The company received a bill for $3,600 of advertising, but will not pay it until a later date. 4. The company paid a dividend of $7,000 in cash to stockholders. Prepare a tabular analysis which shows the effects of these transactions on the accounting equation. (If an amount reduces the account balance then enter with a negative sign preceding the number e.g. -15,000 or parenthesis (15,000).) Assets Liabilities Stockholders' Equity Retained Earnings Cash Accounts Receivable= Accounts Payable + Common Stock + Revenues Expenses Dividends (1) $ %24 $1 %24 (2) 2$ 2$ (3) 2$ %24 24 $ 2$ $ 2$ (4) $ LINK TO TEXT