Mireya$\text{'}$s Inflatables earns service revenue by providing party planning services and inflatable playscapes. MireyaMireya$\text{'}$s Inflatables is organized as a sole proprietorship and owned by MireyaMireya GomezGomez. During the past$$ month, MireyaMireya$\text{'}$s Inflatables has the following$$ transactions:

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Indicate the effects of the business transactions on the accounting equation for MireyaMireya$\text{'}$s Inflatables. Transaction$($a$)$ is answered as a guide. Use the following$$ accounts: Cash; Accounts$$ Receivable; Supplies;$$ Equipment; Accounts$$ Payable; GomezGomez$,$Capital; GomezGomez$,$Withdrawals; Service$$ Revenue, Wages$$ Expense, Rent$$ Expense, and Utilities Expense.

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Part $1$

a$.$ GomezGomez contributed $ $10$ comma $000$$$10,000$ to the business in exchange for capital.$($Transaction $($a$)$ is answered as a$$ guide.$)$

a$.$

Increase asset

$($Cash$)$

;

Increase equity

$($Gomez$,$ Capital$)$

b$.$ Purchased equipment for $ $5$ comma $000$$$5,000$ on account.

b$.$

Increase asset

$($Equipment$)$

;

Increase liability

$($Accounts Payable$)$

Part $2$

c$.$ Paid $ $400$$$400$ for supplies.

c$.$

;