Instructions: Below are the transactions. Indicate each and every transaction to which account they belong using the normal and extended accounting equation Please make use of the rules in placing the negative and positive. Assets Liabilities + Equity Revenue Expenses Example: I made an additional investment of 1,000 1000 1000 Liabilities + Equity + Revenue Expenses Seatwork 1 Assets Lily Pot opened her own law office on July 1, 2017. During the first month of operation the following transactions occurred. 1. Invested 10,000 cash in the law office. 2. Paid 800 for July rent on office space. 3.Purchase Office Equipment on account 3,000. 4. Provided legal services to clients for cash 1.500. 5. Borrowed 700 cash from a bank on note payable. 6. Performed legal services for client on account 2,000 7. Paid monthly expenses: salaries 500, utilities 300, and telephone 100. Seatwork 2 Below are the transactions of Juan Painting Services for the month of October 2017. 1 Juan invested 120,000 cash and an equipment in the amount o 80,000 2 Received 30,000 painting revenue. 3 Juan invested furniture valued at 250,000 and painting supplies worth 5,000 8 Paid 5,000 rent for the month 15 Brought air condition for the office paying cash of 22,000. 19 Received 12,000 check for painting services rendered. 25 Received 500 bill from Maynilad 30 Paid painter's salary for the month of 4,500 Assets Liabilities + Equity + Revenue Expenses