7 In January, Tongo, Incorporated, a branding consultant, had the following transactions. Indicate the accounts, amounts, and direction of the effects on the accounting equation under the accrual basis. A sample is provided 25 ints a (Sample) Received $9,500 cash for consulting services rendered in January b. issued common stock to investors for $10,000 cash c. Purchased $12,000 of equipment, paying 25 percent in cash and owing the rest on a note due in two years. 02:48 20 d. Received $7,500 cash for consulting services to be performed in February e Bought and received $1,000 of supplies on account. Received utility bill for January for $1.250, due February 15 g Consulted for customers in January for fees totaling $15,900, due in February book h. Received $12,000 cash for consulting services rendered in December Paid $500 toward supplies purchased in (e) Hert Required: Indicate the accounts, amounts, and direction of the effects on the accounting equation under the accrual basis A sample is provided (Enter any decreases to Assets, Liabilities, and Stockholder's Equity with a minus sign.) PV Assets Liabides Stockholders' Equity a Cash 9,500 Service Revenue POSUN b e t 9 h h M * . + . . . + + 9.500