2. Describe the effect of the following transactions on the accounting equation 10 a) All Omar invested $4,300 cash and $15,000 of equipment to start his business, Omar's Yard Care. b) Purchased various supplies on account; $1,600. c) Bought supplies on credit; $950. d) Omar signed a $4,000 contract to do yard work beginning in May. e) Did work for a client on account; $550 f) Performed services for a customer on credit; $600. g) Paid $200 for the supplies purchased in (c) h) Paid $250 for advertising online. i) Collected the amount owed from customer in (f) j) Withdrew $500 by Omar. Transaction # Asset = Liability + Equity a b d e f h i j