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1.4 Simulation One i Saved Hel 1 The following transactions were completed by the company. 8.75 points a. The company completed consulting work for a
1.4 Simulation One i Saved Hel 1 The following transactions were completed by the company. 8.75 points a. The company completed consulting work for a client and immediately collected $6,300 cash earned. b. The company completed commission work for a client and sent a bill for $4,800 to be received within 30 days. c. The company paid an assistant $1,800 cash as wages for the period. d. The company collected $2,400 cash as a partial payment for the amount owed by the client in transaction b. e. The company paid $860 cash for this period's cleaning services. 02:39:33 Required: Enter the impact of each transaction on individual items of the accounting equation. (Enter decreases to account balances with a minus sign.) eBook Assets = Liabilities Equity References Cash + Accounts Receivable Accounts Payable + Common Stock Dividends + Revenue - Expenses a. + = = + + - b. + 11 + + 0 Bal. 0 + 0 = 0 Il + 0 - O + 0 O - O c C. + 11 + + Bal. 0 O 0 = 0 0 0 + 0 0 d. + + + Bal. 0 + 0 = 0 + 0 0 + 0 .. e. + II = + + Bal. 0 0 = O 0 0 + + O
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