Check my work Problem 1-8A Analyzing effects of transactions LO C4, P1, P2, A1 Lita Lopez started Biz Consulting, a new business, and completed the following transactions during its first year of operations. a. Lita Lopez invested $69,000 cash and office equipment valued at $37,000 in the company in exchange for its common stock. b. The company purchased an office suite for $46,000 cash c. The company purchased office equipment for $6,000 cash. d. The company purchased $3,400 of office supplies and $1,100 of office equipment on credit. e. The company paid a local newspaper $890 cash for printing an announcement of the office's opening f. The company completed a financial plan for a client and billed that client $4,200 for the service. g. The company designed a financial plan for another client and immediately collected a $8,100 cash fee. h. The company paid $1,500 cash in dividends to the owner (sole shareholder). 1. The company received $3,200 cash as partial payment from the client described in transaction ]. The company made a partial payment of $550 cash on the equipment purchased in transaction d. k. The company paid $1,900 cash for the office secretary's wages for this period, Required: 2. Enter the amount of each transaction on individual items of the accounting equation (Reductions in account balances should be Indicated with a minus sign.) Assets Liabile Equy