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es The following transactions were completed by the company: a. The company completed consulting work for a client and immediately collected $6,200 cash. b. The
es The following transactions were completed by the company: a. The company completed consulting work for a client and immediately collected $6,200 cash. b. The company completed commission work for a client and sent a bill for $4,700 to be received within 30 days. c. The company paid an assistant $1,750 cash as wages for the period. d. The company collected $2,350 cash as a partial payment for the amount owed by the client in transaction b. e. The company paid $840 cash for this period's cleaning services. Required: Enter the impact of each transaction on individual items of the accounting equation. Note: Enter decreases to account balances with a minus sign. Transactions Number a b Balance after a and b C Balance after c d Balance after d e Balance after e Cash $ Assets $ 6,200 + 6,200 6,200 6,200 + 6,200 + 4,300 + + + + + + Accounts Receivable + E = Liabilities + Accounts Payable + + + + + + + + Common Stock I Equity Dividends + Revenue + + + + + + + + + T Expenses
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