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answer of 13,14 13. Analyze the transactions of a business described below and indicate their effect on the accounting equation. Use a plus sign(+) to

answer of 13,14
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13. Analyze the transactions of a business described below and indicate their effect on the accounting equation. Use a plus sign(+) to indicate an increase and a minus sign(--) to indicate a decrease. Assets Liabilities + Equity Received cash for services rendered. Purchased office equipment on credit. Paid employees' salaries. Received cash from customer in payment of accounts receivable. Paid a telephone bill for the month. Paid for office equipment purchased in transaction Purchased inventory on credit. Paid dividends to shareholders. Obtained a loan from the bank. Billed customers for services rendered. 14. Following are transactions of Grackle Inc., a new company, during the month of January 20x2: Issued 10,000 shares of ordinary share for $15,000 cash. Purchased land for $12,000, signing a note payable for the full amount. Purchased office equipment for $1,200 cash. Received cash of $14,000 for services provided to customers during the month. Purchased $300 of office supplies on account. O Paid employees $10,000 for their first month's salaries. Required: 1. What is the balance of Grackle's Cash account following these six transactions? 2. What is the total amount of Grackle's liabilities following these six transactions

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