1.	Analyze the effect of the January transactions (shown below) on the accounting equation, and indicate the account, amount, and direction of the effect (+ for increase and ? for decrease) of each transaction. (Enter any decreases to account balances with a minus sign.)

a.	Received $71,750 cash from customers for subscriptions that had already been earned in 2014.
b.	Received $220,000 cash from Electronic Arts, Inc. for service revenue earned in January.
c.	Purchased 10 new computer servers for $40,800; paid $15,600 cash and signed a three-year note for the remainder owed.
d.	Paid $15,100 for an Internet advertisement run on Yahoo! in January.
e.	Sold 13,800 monthly subscriptions at $13 each for services provided during January. Half was collected in cash and half was sold on account.
f.	Received an electric and gas utility bill for $5,750 for January utility services. The bill will be paid in February.
g.	Paid $370,000 in wages to employees for work done in January.
h.	Purchased $4,500 of supplies on account.
i.	Paid $4,500 cash to the supplier in (h).

The following information applies to the questions displayed below.] Vanishing Games Corporation (VGC) operates a massively multiplayer online game, charging players a monthly subscription of $13. At the start of January 2015, VGC's income statement accounts had zero balances and its balance sheet account balances were as follows: Cash Accounts Receivable Supplies Equipment Land Building Accounts Payable Unearned Revenue Notes Payable (due 2018) Common Stock Retained Earnings $2,230,000 211,000 16,700 928,000 1,630,000 425,000 134,000 132,000 123,000 2,900,000 2,151,700 In addition to the above accounts, VGC's chart of accounts includes the following: Service Revenue, Salaries and Wages Expense, Advertising Expense, and Utilities Expense. value