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3 photos. thank you Groro Co. bills a client $70,000 for services provided and agrees to accept the following three items in full payment: (1)

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Groro Co. bills a client $70,000 for services provided and agrees to accept the following three items in full payment: (1) $21,000 cash, (2) equipment worth $82,000, and (3) to assume responsibility for a $33.000 note payable related to the equipment (a) Analyze the transaction using the accounting equation. (b) Prepare general journal entries for the above transactions. (c) Post the entry using T-accounts to represent ledger accounts, Complete this question by entering your answers in the tabs below. Required A Required B Required c Analyze the transaction using the accounting equation. Assets Equipment Liabilities Note Payable Equity Revenue Cash Required B View transaction list Journal entry worksheet

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