Imagine Disney has the following transactions in April. For each transaction, write how the balance sheet changes (asset, liabilities, equity) and include the account impacted and how much that account increases or decreases by. For example: 1. Disney borrows $100 of cash from a bank. Answer Format: 1. +100 Cash (+asset) and +100 Note Payable (+liability) 1. On April 1, Disney receive $9,000 of cash for 12-month membership to Disney+, an online streaming service. Disney provides the service monthly. Record the entry for April 1. 2. On April 1, Disney purchases new equipment for $16,000 with a note. The salvage value is $1,000 and the expected useful life is 10 years. 3. On April 15, Disney sells 100 toys at $30 each to customers who all paid with cash. The toys had been purchased from suppliers at varying amounts: Beg. inventory of 70 toys in April of $10, April 5th purchased 40 toys for $11, and April 7th purchased 10 toys for $12. Disney uses the FIFO method for inventory. Record the entry on April 15. 4. On April 28, Disney receives a utility bill for April of $700. The utility bill will be paid in May. 5. Record any additional adjusting entries needed at the end of April on April 30th.