Ming Chen began a professional practice on June 1 and plans to prepare financial statements at the end of each month. During June, Ming Chen (the owner) completed these transactions. a. Owner invested $68,000 cash in the company along with equipment that had a $29.000 market value in exchange for its common stock b. The company paid $2,100 cash for rent of office space for the month. c. The company purchased $10,000 of additional equipment on credit payment due within 30 days). d. The company completed work for a client and immediately collected the $1.600 cash earned. e. The company completed work for a client and sent a bill for $9,000 to be received within 30 days. f. The company purchased additional equipment for $6,100 cash. g. The company paid an assistant $3,000 cash as wages for the month h. The company collected $5,300 cash as a partial payment for the amount owed by the client in transaction e. L. The company paid $10,000 cash to settle the liability created in transaction c. J. The company paid $1100 cash in dividends to the owner (sole shareholder). Required: Enter the impact of each transaction on individual items of the accounting equation (Enter decreases to account balances with a minus sign.) Assets Liabilities Equity Cash + Accounts Receivable Equipment Accounts Payable Common Stock Divids Revenues Expenses + + b - + + + Bal + d + Assets Liabilities + Equity - Cash + Accounts Receivable + Equipment Accounts Payable Common Stock Dividends Revenues Expenses a + + II + + b + + Bal + 58 + + + Bal + d + 4 + Bal + + e . + Bal + . 1 + + Bal + + 9 Bal Bal . + . + Bal + 1 Bal +