QUESTIONS Please indicate the effect impact of each transaction on the relevant accounts. Please follow the example shown. EXAMPLE: (1) Owner invested 20,000 cash in the business ANSWER: (1) Cash increased by 20,000. Owner capital increased by 20,000. Transaction: (1) Purchased 1,000 of supplies on credit. (2) Purchased 15,000 equipment for 5,000 cash and 10,000 noto. (3) Received 25,000 cash for consulting service performed last month. (4) At 31 December, the company paid 13,000 cash for the December's rent. (5) Received 14,000 cash for 10,000 consulting service and 4,000 rental. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). 1 Paragraph Arial 10pt T Ex? X TTC IT 11 H HE ve and Submit to save and submit. Click Save All Answers to save all answers OR Service Carany's added trial balance at the wa of 31 December to accounting period is shown below Jam Service Company Acuted Til Balance December 31 Debat Credit ch 17.500 Accounts 16.000 Emce supplies 9,000 Once equipment 28.000 Accued depreciation 3,500 Owce quiment Langform notes payable 23,500 Massim Capital 2.100 Wassw, withdrawals 1,500 Feed 71.9900 Salaries expense 31,400 Rent expense 17,210 Owneciation expense-Once 1.750 Equipment Office supplies expense 2.700 Totals $125.060 $125,060 Required: Given the above information, prepare the following: The necessary closing entries. Journal entry example: Dr. Office Maintenance expense BD 500 Cr. Cash BD 500 d. What is the balance of Jassim, Capital in the post-closing trial balance? [you MUST show your calculation] wand Sabit to save and submit. Click Save All Answers to save all ansuners