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  3. the following transactions were completed by the c

The following transactions were completed by the company: The company completed consulting work...

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Accounting

The following transactions were completed by the company:

  1. The company completed consulting work for a client and immediately collected $6,300 cash.
  2. The company completed commission work for a client and sent a bill for $4,800 to be received within 30 days.
  3. The company paid an assistant $1,800 cash as wages for the period.
  4. The company collected $2,400 cash as a partial payment for the amount owed by the client in transactionb.
  5. The company paid $860 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.)

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