Ming Chen started a business and had the following transactions in June. a. Owner invested $61,000 cash in the company along with $22,000 of equipment. b. The company paid $1,200 cash for rent of office space for the month. c. The company purchased $13,000 of additional equipment on credit (payment due within 30 days). d. The company completed work for a client and immediately collected $2,300 cash. e. The company completed work for a client and sent a bill for $8,000 to be received within 30 days. f. The company purchased additional equipment for $6,200 cash. g. The company paid an assistant $2,400 cash as wages for the month. h. The company collected $4,300 cash as a partial payment for the amount owed by the client in transaction e. i. The company paid $13,000 cash to settle the liability created in transaction c. j. The owner withdrew $1,200 cash from the company for personal use. Required: Complete the table using additions and subtractions to show the dollar effects of the transactions on individual items of the accounting equation. (Enter decreases to account balances with a minus sign.) a. b. Balance after a and b C. Balance after c Assets Cash + Accounts Receivable Equipment = + ++ + = Liabilities + Accounts Payable M. Chen, Capital + + = + = + + + = + d. + + = + Balance after d + = + e. + = + Balance after e + = + f. + + = + Balance after f + = + g. + + = + Balance after g + = + h. + + Balance after h + + = + I. + + = + Balance after i + = + Balance after j +++ = + Equity M. Chen, + Revenues Expenses Withdrawals + + + + + + + ++++++++++++