In January, Tongo, 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 is provided. (Enter any decreases to account balances with a minus sign.)

1. (Sample) Received $16,600 cash for consulting services rendered in January.
2. Issued common stock to investors for $15,000 cash.
3. Purchased $16,100 of equipment, paying 25 percent in cash and owing the rest on a note due in two years.
4. Received $12,500 cash for consulting services to be performed in February.
5. Bought and received $1,550 of supplies on account.
6. Received utility bill for January for $1,960, due February 15.
7. Consulted for customers in January for fees totaling $19,600, due in February.
8. Received $14,300 cash for consulting services rendered in December.
9. Paid $775 toward supplies purchased in (e).