Elain's Inflatables earns service revenue by providing party planning services and inflatable playscapes. Elaine's Inflatables is organized as a sole proprietorship and owned by Elaine Gibson. During the past month, Elaine's Inflatables has the following transactions:

a. Gibson contributed $10,000 to the business in exchange for capital.

b. Purchased equipment for $5,000 on account.

c. Paid $400 for office supplies.

d. Earned and received $2,500 cash for service revenue.

e. Paid $400 for wages to employees.

f. Gibson withdrew $1,000 cash.

g. Earned $1,000 for services provided. Customer has not yet paid.

h. Paid $1,000 for rent.

i. Received a bill for $250 for the monthly utilities. The bill has not yet been paid.

Indicate the effects of the business transactions on the accounting equation for Elaine's Inflatables. Transaction (a) is answered as a guide:

a. Gibson contributed $10,000 to the business in exchange for capital.

a. Increase asset (Cash) ; Increase equity (Gibson, Capital)