a. Paid wages of $1,225 for the current period. b. Borrowed $5,900 cash from local bank c. Purchased $2,450 of equipment on credit. d. Earned $490 of sales revenue, collected cash. e. Received $980 of utilities services, on credit. Earned $1,970 of service revenue, on credit. 9. Paid $390 cash on account to a supplier h. Incurred $115 of delivery expenses, paid cash. Earned $580 of service revenue, collected half in cash, balance on credit Collected $190 cash from customers on account. k. Incurred $480 of advertising costs, paid half in cash, balance on credit. Required: For each of the transactions, complete the table below, indicating the account, amount, and direction of the effect (+ for increase and - for decrease) of each transaction under the accrual basis. Include revenues and expenses as subcategories of shareholders' equity, as shown for the first transaction, which is provided as an example. Transaction a Cash b c d t g h k Assets (1,225) Liabilities Check my work Stockholders' Equity Wages expense (1225)