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Award: 1.62 points QS 1-10(Algo) Identifying effects of transactions using accounting equation-Revenues and...

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Accounting

Award: 1.62 points
QS 1-10(Algo) Identifying effects of transactions using accounting equation-Revenues and Expenses LO PI
The following transactions were completed by the company.
a. The company completed consulting work for a client and immediately collected $6,700 cash.
b. The company completed commission work for a client and sent a bill for $5,200 to be received within 30 days.
c. The company paid an assistant $2,000 cash as wages for the period.
d. The company collected $2,600 cash as a partial payment for the amount owed by the client in transaction b.
e. The company paid $940 cash for this period's cleaning services.
Required:
Enter the impact of each transaction on individual items of the accounting equation.
Note: Enter decreases to account balances with a minus sign.
\table[[Transactions Number,Assets,\table[[=
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