In January, Mongo Inc., a branding consultant, had the following transactions. Indicate the accounts, amounts, and direction of the effects on the accounting equation under the accrual basis. a) (Sample) Received $9,500 cash for consulting services rendered in January b) Issued common stock to investors for $10,000 cash. c) Purchased $12,000 of equipment, paying 25 percent in cash and owing the rest on a note due in two years. d) Received $7,500 cash for consulting services to be performed in February e) Bought and received $1,000 of supplies on account. 1) Received utility bill for January for $1,250 due February 15. ) Consulted for customers in January for fees totaling $15,900, due in February h) Received $12,000 cash for consulting services rendered in December 0) Paid $500 toward supplies purchased in (e) 1. Determining Accounting Equation effects of Several Transactions Assets Liabilities + Stockholders' Equity Service Revenue (+R) 9,500 (a) Cash 9,500 (b) (c) Equipment Cash 12.000 -3.000 Note Payable (long) 9,000 (d) (e) (h) 0) 2. Preparing Journal Entries: For each of the transactions, write the journal entry using the format shown below. CE de 9,500 al Cash (A) Service Revenue (+R+SE) 9,500 [b] i) (d) le) 15,900 g) Accounts Receivable (+A) Service Revenue RSE) 15,900 th) 6)