1 Janelle Mcknight starts a business called Newberry Cleaning. The following events occurred during its first month of business. Show the effects of each transaction using the accounting equation by completing the table below. The effects of the first transaction are shown as an example. a. Mcknight invests $6,000 cash in Newberry in exchange for its common stock. b. The company pays $2,000 rent for office space for the current month. C. It purchases equipment on credit for $9,000. d. It purchases supplies for $1,000 cash. e. Newberry receives cash of $2,800 for cleaning services provided to clients. f. It provides $1,400 of cleaning services on account. g. Newberry pays $400 cash to an assistant for hours worked during the month. h. It pays $4,500 cash as partial payment for its earlier purchase of equipment on credit Newberry receives cash of $1,400 for services previously rendered on account. It pays $200 cash in dividends to Mcknight (the sole shareholder)