Harrison & Armes collected $6,600 from a customer on April 1 and agreed to provide legal services during the next three months. Harrison & Armes expects to provide an equal amount of services each month. Required: 1. Identify and analyze the transaction for the receipt of the customer deposit on April 1 Activity Accounts Statement(s) How does this entry affect the accounting equation If a finandial statement item is not affected, select "No Entry" and leave the amount box blank, tf the effect on a financial statement item is negative, i.e, a decrease, be sure to enter the answer with a minus sign Balance Sheet Income Statement Stockholders Assets Liabilities Equity Revenues Expenses 2. Identify and analyze the adjustment on April 30 Activity Accounts Statement(s) How does this entry affect the accounting equation? If a finandial statement item is not affected, select "No Entry" and leave the amount box blank, If the effect on a financial statement item is negative, i.e, a decrease, be sure to enter the answer with a minus sign Balance Sheet Income Statement Stockholders Assets Liabilities Equity Revenues Expenses 3. What will be the effect on net income for April if the adjustment in (2) is not recorded Net income will be by