100 points E3-7 Determining Accounting Equation Effects and Net lncome Duo 3-2, LO33 The following transactions occumed during a recert year a Paid wages of $1,100 for the current period (example). b Bomowed S5 500 cash from local bank using lerm note. d Eamed M40 of sales revenue collected cash e Received $880 of utilities services, on credit 9 Earned $1,870 of service revenue, on credit. h, Pad 330 cash account incurred $75 travel expenses: paid cash of service revenue half in cash, with balance on credit For each of the transactions, complete the table the account, amount, and direction of which is and expenses as for decrease) of each transaction under the basis Include provided subcategories of stockholders' equity, as shown for the first transaction, account balances with a minus Company's net income sign.) 5500 Note (short erm) 500 payable