Exercise 1-17 Effects of transactions on the accounting equation LOS, 7 CHECK FIGURE: Total assets = $41,450 Digital Protection Servicing provides support to customers in the area of ecommerce. Using the format pro- vided, show the effects of the activities listed in (a) through (f). Assets Accounts Receivable Office Supplies Liabilities Accounts Payable Equity Katie Copp. Capital Cash a. Katie Copp, the owner, invested cash of $36,000 into the business. b. The owner purchased office supplies on credit;$1,150. c. Digital Protection Servicing did work for a client and received $8,100 cash. d. Completed an application form for a $15,500 government grant. e. The owner paid her assistant's salary: $5,600 cash. f. Completed work for a customer on credit: $1,800