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a. The company completed consulting work for a client and immediately collected $6,400 cash earned. b. The company completed commission work for a client
a. The company completed consulting work for a client and immediately collected $6,400 cash earned. b. The company completed commission work for a client and sent a bill for $4,900 to be received within 30 days. c. The company paid an assistant $1,850 cash as wages for the period. d. The company collected $2,450 cash as a partial payment for the amount owed by the client in transaction b. e. The company paid $880 cash for this period's cleaning services. Required: Enter the impact of each transaction on individual items of the accounting equation. (Enter decreases to account balances with a minus sign.) Assets Cash Accounts Receivable Liabilities + Accounts + Payable Common Stock Answer is not complete. Equity Dividends + Revenue Expenses a S 6,400 b S 4,900 S 0 0 0 4,900 0 Bal 6,400 + 4,900 0 0 0 4 4,900 C. 0 + 0 S 0 0 0 C 0 S Bal 6,400 + 4,900 0 + 0 0 4,900 d 0 0 + 0 0 0 1,850 1,850 0 Bal 6,400 + 4,900 0 + 10 0 + 4.900 1,850 e. + 0 0 0 0 + 0 C 880 Bal 6,400 + 4,900 0 0 0 + 4,900 2,730 www
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