-10 PM Mon Jan 21 Done Ch. 1- Need-to-Know Videos Help Save & Ext Submit QS 1-10 ldentifying effects of transactions using accounting equation-Revenues and Expenses LO P1 10 The following transactions were completed by the company. a. The company completed consulting work for a client and immediately collected $5,500 cash eamed b. The company completed commission work for a client and sent a bill for $4,000 to be received within 30 days c. The company paid an assistant $1,400 cash as wages for the period d. The company collected $1,000 cash as a partial payment for the amount owed by the client in transaction b e. The company paid $700 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 minus sign) ferences Cash Accounts Common Bal