Betty Brown is the proprietor of Brown Accounting Firm. For each of the following transactions, indicate the effects on the company's assets, fabilities, and owner's equity Indicate the dollar amount and whether it is an increase (+) or a decrease (-). Then calculate the balance. (10 marks): Owner's Equity Transactions Assets Liabilities Capital Drawings Revenue Expenses 1. Prepares a tax return for a client and bills the client 2 3 $120 Buys $250 office supplies on account. Pays for the office supplies $250 from cash 4. Collects the $120 owed by the customer from #1. 5. Pays $700 for Insurance. 6. Does an audit for a customer and receives $2.000 7. Betty Brown invested $2.000 in the company. Balance