. Below 8re several transactions entered into by Martnez Consulting Company during 2017, Unless otmerwise noted,. transactons involve cash 1. Purchased equipment for $156,400 2. Paid employees 27,100 in salaries and wages 3. Collected $13,700 from customers as payments on open accounts. Provided services for $23,100: $14,800 received in cash and the remainder on open account 5. Paid $48,750 on an outstanding note payoble: $9,750 for interest and 539,000 to roduce the principal. G. Purchased a one-month ad in the local nenspaper for $4.900. 7. Purchased a building valued at $237,000 in exchange for $133,000 cash, with the belance on a long-term note payable. 9. Sold stock investments with a cost of $19,000 for f31,700 Prepare journal entries for eech transaction and explain how each affects the accounting equetion. (Credit account titles are automatically indented whben amount is entered. Do not iadent mansally. If no entry is required,select "No Entry" for the account tities and enter 0 for the amounts.) No. Account Titles and Explanation Debit Credit Expenses Rerenue Loss Gain Assets Labiliies Shareholders Equity (Incurred and paid weges) Collectod cash from customam) (Made interest and princpal payment)