2 Ming Chen began a professional Ming Chen (the owner) completed these transactions I practice on June 1 and plans to prepare financial statements at the end of each month. During June, cash in the company along with equipment that had a $26,000 market value. b. Th c The company purchased $14,000 of additional d. The company completed work for a client and immediately collected the $2,600 cash earned e. The company completed work for a client and sent a bill for $7,700 to be received within 30 days. f. The company purchased additional equipment for $5,100 cash. g. The company paid an assistant $4,000 cash as wages for the month. h. The company collected $4,300 cash as a partial payment for the amount owed by the client in transaction e i The company paid $14,000 cash to settle the liability created in transaction c j Owner withdrew $1,100 cash from the company for personal use. e company paid $2,700 cash for rent of office space for the month. equipment on credit (payment due within 30 days) ints Required: Enter the impact of each transaction on individual items of the accounting equation. (Enter decreases to account belances with a minus sign.) Assets Liabilities PayableM. Chen Capital M. Chen,Revenues Withdrawals Accounts Equipment Pavable Cash Receivable Bal