5 1 points ebook Print Belsens Exercise 1-15 (Algo) Identifying effects of transactions using the accounting equation LO P1 Ming Chen started a business and had the following transactions in June. a. Owner invested $61,000 cash in the company along with $13,000 of equipment. b. The company paid $3,000 cash for rent of office space for the month c. The company purchased $18,000 of additional equipment on credit (payment due within 30 days), d. The company completed work for a client and immediately collected $1,600 cash. e. The company completed work for a client and sent a bill for $8,500 to be received within 30 days, f. The company purchased additional equipment for $5,100 cash. g. The company paid an assistant $2.000 cash as wages for the month. h. The company collected $5,700 cash as a partial payment for the amount owed by the client in transaction e The company paid $18,000 cash to settle the liability created in transaction c j. The owner withdrew $1,400 cash from the company for personal use Required: Complete the table using additions and subtractions to show the dollar effects of the transactions on individual items of the accounting equation (Enter decreases to account balances with a minus sign)