Help Say E3-6 Determining Accounting Equation Effects of Various Transactions (LO2, LO3) The following transactions occurred during a recent year: b. C. d. f. Paid wages of $1,300 for the current period. Borrowed $6,200 cash from local bank. Purchased $2,600 of equipment on credit. Earned $520 of sales revenue, collected cash. Received $1,040 of utilities services, on credit. Earned $2,060 of service revenue, on credit. Paid $420 cash on account to a supplier. Incurred $130 of delivery expenses, paid cash. Earned $640 of service revenue, collected half in cash, balance on credit. Collected $220 cash from customers on account. Incurred $540 of advertising costs, paid half in cash, balance on credit. ..9 k. Required: For each of the transactions, complete the table below, indicating the account, amount, and direction of the effect (+ for increase. - for decrease and +/- for increase and decrease) of each transaction under the accrual basis. Include revenues and expenses as subcategories of shareholders' equity, as shown for the first transaction, which is provided as an example. Assets Liabilities Transaction a Cash Stockholders' Equity Wages expense (1,300) b d. e. 1. 9 h. . Paid wages of $1,300 for the current period. Borrowed 15,200 cash from local bank. Purchased 12.ee of equit en credit. Earned 520 of sales revenue, collected cash. Received 11.048 of utilities services, or credit. Earned 200 of service revenue on credit. Faid $420 cash on account to supplier. Incurred $134 of delivery expenses, paid cash. Earned SD at service reverve collected half in cash, balance on credit. Collected 1220 cash from customers on account Incurred $548 of advertising costs, paid half in cash, balance on credit. 1. 1. Required For each of the action compte belong the court amount and direction of the sector for decrease and for increderea and the include . cas (13001 Scorean >