ELAS uitsuu official due date) Analyze the impact of transactions on the accounting equation (L02-2) P2-2A Below is a list of activities for Purple Cow Incorporated, Pare 100 orations Coach Stockholders Equity Transaction Assets alatia edia 1. Provide services to customers o derom $1.000 $1.000 50 51.600 Gallery 2. Pay $400 for current month's rent 3. Hire a new employee, who will be paid $500 at the end of each mouth 4. Pay $100 for advertising aired in the current period. 5. Purchase office supplies for $400 cash. 6. Receive cast of $1.000 from customers in (1) above 7. Obtain a loan from the bank for $7.000 8. Receive a bill of $200 for utility costs in the current period 9. Issue common stock for $10,000 cash. 10. Pay S500 to employee in (3) above. Toral Required: 3. Hire a new employee, who will be paid $500 at the end of each mouth 4. Pay S100 for advertising aired in the current period 5. Purchase office supplies for $400 cash 6. Receive cash of $1.000 from customers in (1) above 7. Obtain a loan from the bank for $7.000 8. Receive a bill of $200 for utility costs in the current period 9. Issue common stock for $10,000 cash 10. Pay S500 to employee in (3) above Totals Required: For each activity, indicate the impact on the accounting equation. After doing so for all transactions, ensure that the accounting equation remains in balance