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A company had the following transactions. a. The company finished work for a client and immediately collected $18,400 cash. b. The company purchased supplies for
A company had the following transactions. a. The company finished work for a client and immediately collected $18,400 cash. b. The company purchased supplies for $1,350 cash. c. The company purchased $370 of additional supplies on credit. d. The company purchased land for $10,700 cash. e. The company paid $11,700 cash for this month's rent. Enter the impact of each transaction on individual items of the accounting equation. Note: Enter decreases to account balances with a minus sign
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