For each of the following transactions indicate how they impact the following Financial Statements

Balance sheet

Income statement

A.Owner contributes cash to finance the companys growth

B. Company closes on a bank loan to purchase new equipment

C. Company pays rent expense to landlord

D. Company bills client for work in progress

E. Company collects outstanding accounts receivable

F. Company records invoices for materials delivered to jobsite

G. Company pays accounts payable balance to material supplier

H. Company allocates insurance expenses to job costs

I. Owners take a distribution to pay personal income taxes

J. Company charges overhead payroll to job cost