entify how each of the following separate transactions through 10 affects financial statements. The cells contain the numbers along th their impacts (Increase +, Decrease-, and both +/-). Select the appropriate amount from the cells that describes the transactions he first transaction is completed as an example Required: For the balance sheet, identify how each transaction affects total assets, total babilities, and total equity. For the income statement adentify how each transaction affects net income b. For the statement of cash flows, identify how each transaction affects cash flows from operating activities, cash flows from investing activities, and cash flows from financing activities Transaction 1. Owner invests $900 cash in business 2 Receives $700 cash for services provided 3. Pays $500 cash for employee wages 4 Buys $100 of equipment on credit 5 Purchanes $200 of supples on credit Buys equipment for $300 cash 7 Pays $200 on accounts payable Provides $400 services on credi Owner withdr $50 cash 10 Collects $400 cash on accountable Balance Sheet Income Statement Statement of Cash Flows Total Assets +900 Total Total Liabilities Equity +000 Net Operating Investing Financing Income Activities Activities Activities +900