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Financial Accounting. I am lost and have to fill in the boxes. ...

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Accounting

Financial Accounting. I am lost and have to fill in the boxes. image
QS 1-10 Identifying effects of transactions using accounting equation-Revenues and Expenses LOF The following transactions were completed by the company. a. The company completed consulting work for a client and immediately collected $6,400 cash earned. b. The company completed commission work for a client and sent a bill for $4.900 to be received within 30 days. c. The company paid an assistant $1.850 cash as wages for the period. d. The company collected $2,450 cash as a partial payment for the amount owed by the client in transaction b. e. The company paid $880 cash for this period's cleaning services. Required: Enter the impact of each transaction on individual items of the accounting equation (Enter decreases to account balances with a minus sign.) Assets Accounts Receivable Liabilities Accounts Payable Equity Dividends Common Stock Cash Revenue Expenses + a + + b Bal 0 + 0 0 0 0 + 0 0 . + 0 - 0 0 + 0 + 0 0 c Bal d. Bal + 0 . 0 0 . + 0 0 + . Bai 0 0 0 + 0 0 0

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