QS 1-10 (Algo) Identifying effects of transactions using accounting equationRevenues and Expenses LO P1 The following transactions were completed by the company. The company completed consulting work for a client and immediately collected $7,500 cash. The company completed commission work for a client and sent a bill for $6,000 to be received within 30 days. The company paid an assistant $2,400 cash as wages for the period. The company collected $3,000 cash as a partial payment for the amount owed by the client in transaction b. The company paid $1,100 cash for this period's cleaning services.