**FINANCIAL ACCOUNTING**

DC Co. completed the se transactions during April of the current year. April 2 Rented office space and paid $1,200 cash for the month of April. April 3 Purchased office equipment for $30,000, paying cash and agreeing to pay the balance in one year. April 4 Purchased office supplies for $750 cash. April 8 Completed work for a client and immediately collected $2,700 cash for the services. April 15 Completed $3,600 services for a client on credit. April 20 Received $3,600 from a client for the work completed on April 15. April 30 Paid the office assistants monthly salary, $3,000 cash. Show the effects of the above transactions on the components of the accounting equation. Use the following format for your answers. The first transaction is shown as an example. Increase = 1, Decrease = D, No effect = N Liabilities Date April 2 Assets D Equity D N April 3 April 4 April 8 April 15 April 20 April 30