Problem 2-5A (Algo) Analyze the impact of transactions on the accounting equation and record transactions (LO2-2, 2-4) [The following information applies to the questions displayed below.] Joan owns a lawn maintenance company, and Sally owns a machine repair shop. For the month of July, the following transactions occurred. JulyJuly6July9July14July18July20July27July30July313OneofJoansmowersmalfunctions.SallyprovidesrepairservicestoJoanonaccount,$28Sallypays$330toJoanforlawnservicesprovidedonJuly3.Sallyborrows$430fromJoanbysigninganote.JoanpurchasesadvertisinginalocalnewspaperfortheremainderofJulyandpayscash,Joanpays$280toSallyforservicesprovidedonJuly6.Sallyperformsrepairservicesforothercustomersforcash,$630.Sallypaysemployeesalariesforthemonth,$130.Sallypays$430toJoanformoneyborrowedonJuly14.JoanprovideslawnservicestoSallysrepairshoponaccount,$330. July 3 Joan provides lawn services to Sally's repair shop on account, \$330. July 6 One of Joan's mowers malfunctions. Sally provides repair services to Joan on account, \$28 July 9 Sally pays $330 to Joan for lawn services provided on July 3 . July 14 Sally borrows $430 from Joan by signing a note. July 18 Joan purchases advertising in a local newspaper for the remainder of July and pays cash, July 20 Joan pays $280 to Sally for services provided on July 6 . July 27 Sally performs repair services for other customers for cash, $630. July 30 sally pays employee salaries for the month, $130. July 31 Sally pays $430 to Joan for money borrowed on July 14