Record the transaction in journal entry form. Analyze the transaction using the accounting equation. Groro Company bills a client $62,000 for services provided and agrees to accept the following three items in full payment: (1) $10,00 cash, (2) $80,000 of equipment, and (3) $28,000 note payable owed on the equipment. (a) Analyze the transaction using the accounting equation. (b) Record the transaction in journal entry form. (c) Post the entry using T-accounts to represent ledger accounts. Answer is not complete. Complete this question by entering your answers in the tabs below. Analyze the transaction using the accounting equation. Post the entry using T-accounts to represent ledger accounts