Determine the financial effect on the balance sheet and income statement for each of the following independent events using the Transaction Analysis Template a. Purchased inventory on account, 510.000 b. Rendered services to chents on account 512.000 c. Paid wages for the week 51,600 d. Collected $8.000 from clients on account Notes: Use negative signs with answers, when appropriate it a transaction increases and decreases the same Balance Sheet category, enter the create amount in the first row, followed by the decrease out in the row deretly below Stockholders Transaction story A