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Question9 Transactions that affect cash do not necessarily affect net income. Identify the impact, if any, of each of the following transactions on cash and net income. The first transaction has been completed for you as an example. (For decreases use either a negative sign preceding the number, e.g.-45 or parenthesis, e.g. (45). If an answer is zero, please enter 0. Do not leave any fields blank.) Profit Cash Transactions (a) Purchased supplies for cash, $140. $0 $140 (b) Made an adjusting entry to record use of $75 of the supplies in item (a) (c) Performed services on account, $1,200 1200 (d) Received $850 from customers in payment of their account in item (c) 0 850 (e) Purchased equipment for cash, $6,000 60 0 (f) Made an adjusting entry to record depreciation of the equipment in item (e), $1,200 1200 (g) Obtained a $1,200 bank loan 12 0 (h) Made an adjusting entry to accrue interest on the loan in item (g), $60 -60 (i) Received $525 cash for services to be performed in the future 52 0 G) Made an adjusting entry relating to the amount received in item (i) to show that $200 of the services had now been performed 200 (k) Made an adjusting entry to record utilities incurred but not yet paid, $250 250