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In January, Tongo, Incorporated, a branding consultant, had the following transactions, Indicate the accounts, amounts, and direction of the effects on the accounting equation under

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In January, Tongo, Incorporated, 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. a. (Sample) Recelved $15,500 cash for consulting services rendered in January. b. Issued common stock to investors for $14,500 cash. c. Purchased $16,200 of equipment, paying 25 percent in cash and owing the rest on a note due in two years. d. Received $8,150 cash for consulting services to be performed in February, e. Bought and received $1,620 of supplies on account. f Received utility bill for January for $1,450, due February 15 . g. Consulted for customers in January for fees totaling $16,700, due in February. h. Received $20,200 cash for consulting services rendered in December. P Paid $810 toward supplies purchased in (e). Required: 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 Assets, Liabilities, and Stockholder's Equity with a minus sign.) In January, Tongo, Incorporated, 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. a. (Sample) Recelved $15,500 cash for consulting services rendered in January. b. Issued common stock to investors for $14,500 cash. c. Purchased $16,200 of equipment, paying 25 percent in cash and owing the rest on a note due in two years. d. Received $8,150 cash for consulting services to be performed in February, e. Bought and received $1,620 of supplies on account. f Received utility bill for January for $1,450, due February 15 . g. Consulted for customers in January for fees totaling $16,700, due in February. h. Received $20,200 cash for consulting services rendered in December. P Paid $810 toward supplies purchased in (e). Required: 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 Assets, Liabilities, and Stockholder's Equity with a minus sign.)

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