Lita Lopez started Biz Consulting, a new business, and completed the following transactions during its first year of operations. a. Lita Lopez invested $64,000 cash and office equipment valued at $39,000 in the company b. The company purchased an office suite for $49,000 cash. c. The company purchased office equipment for $5,100 cash d. The company purchased $3,500 of office supplies and $1.900 of office equipment on credit. e. The company paid a local newspaper $830 cash for printing an announcement of the office's opening f. The company completed a financial plan for a client and billed that client $4,900 for the service. 9. The company designed a financial plan for another client and immediately collected a $8,100 cash fee. h. Lita Lopez withdrew $1,400 cash from the company for personal use. i. The company received $3,900 cash as partial payment from the client described in transaction J. The company made a partial payment of $950 cash on the equipment purchased in transaction d. k. The company paid $2,300 cash for the office secretary's wages for this period. Required: 1. Enter the amount of each transaction on individual items of the accounting equation (Reductions in account balances should be indicated with a minus sign.) Assets Office Supplies $ o + ol + L Lopes Capital Liabilities Accounts Payable + $ O + 0 + Equity L. Lopez, Withdrawals Revenues $ ol + Office Equipment $ 39,000 0 39,000 + $ Expenses $ 0 0 b. 0 - OfficeSuite - $ O- 49,000 49.000 ol 49.000 0+ 0 0 + 0 O Accounts Cash Receivable + 64,000 + 5 ol + (49,000) ol + 15,000+ 0 + (5.100) 0 9,000 0 ol 9.900 0 + (830) 9,070 + 0 + c 0- 0 - + 0 + 0 0 - 0 0 + 0 0 0 0 Bal d. Bal 0 - O 0 + 0 3,500 + 3,500 0 + 3,500 + 01. 49,000 0 + 0 + 0 - 0 + 0 - 0 + 0 + Bal 49,000 0 + 0 - 0 - 0 - 0- 0 0 0 830 830 0 + I. + + 0 0 + + Bal 0 30,000 1.900 + 40,900 + O + 40.900 ol + 40.900 ol- 40,900 - 0 - 40,900 + 0 + 3,500 0 O + 830 ol g Ba 9070 8.100 + 17,170 - (1400) + 15.770 + 3.900 49,000 - 0 = 49.000 0 0 + 0+ 0 + 0 + 0 + 0 - 0+ 3,500 + 0 4,000 - 4.900 - 8,100 - 13,000 - 0 - 13,000 - 0 830 0 Bal 0 - 3,600 + 0 - 0 = 49.000 0 + o + 1 0 - 0- o - 0 1.400 + 1.400 - 0 + 830