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9 2 points eBook Hint Print References Mc The following transactions were completed by the company. a. The company completed consulting work for a
9 2 points eBook Hint Print References Mc The following transactions were completed by the company. a. The company completed consulting work for a client and immediately collected $7,500 cash. b. The company completed commission work for a client and sent a bill for $6,000 to be received within 30 days. c. The company paid an assistant $2,400 cash as wages for the period. d. The company collected $3,000 cash as a partial payment for the amount owed by the client in transaction b. e. The company paid $1,100 cash for this period's cleaning services. Required: Enter the impact of each transaction on individual items of the accounting equation. Note: Enter decreases to account balances with a minus sign. Equity + Revenue Assets Transactions Number Cash + Accounts Receivable = Liabilities + Accounts Payable + Common Stock - Dividends + = + - + a. b. + = + - + - Balance after a and b + = II + + C. + = + + Balance after c + = + - + - d. + = + - + Balance after d + = + + II e. + = II + + Balance after e + = + + Expenses Check my work
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