Book rint Groro Co. bills a client $70,000 for services provided and agrees to accept the following three items in full payment: (1) $21,0 (2) equipment worth $82,000, and (3) to assume responsibility for a $33,000 note payable related to the equipment. (a) Analyze the transaction using the accounting equation. (b) Prepare general journal entries for the above transactions. (c) Post the entry using T-accounts to represent ledger accounts. Complete this question by entering your answers in the tabs below. rences Required A Required B Required C Prepare general journal entries for the above transactions. View transaction list Journal entry worksheet