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Required: Enter the impact of each transaction on individual items of the accounting equation (Enter decreases to account balance minus sign.) Liabilities Accounts Payable Common
Required: Enter the impact of each transaction on individual items of the accounting equation (Enter decreases to account balance minus sign.) Liabilities Accounts Payable Common Stock Equity Dividends Revenue Expenses a Assets Accounts Cash Receivable $ 5,600 $ 4,100 5.600 4,100 - 1,450 + 7.050 - 4,100 + b. Bal + 0 + 0 0 + 0 0 + + 0+ 0 0 + 0 0 d . + + Bal 7,050 4,100 - 0 + 0 + 0 0 . Bal 7.050 4,100 - 0 0 0+ 0 0 Prev 1 of 7 NE NAV Exmor chapters UFUS savo Help Help Sove & Exit Check my w 1 The following transactions were completed by the company 02.5723 a. The company completed consulting work for a client and immediately collected $5,600 cash earned b. The company completed commission work for a client and sent a bill for $4,100 to be received within 30 days d. The company collected $2,050 cash as a partial payment for the amount owed by the client in transaction b. e. The company paid $720 cash for this period's cleaning services. Book Required: Enter the impact of each transaction on individual items of the accounting equation (Enter decreases to account balances with a minus sign.) Liabilities Accounts Payable Common Stock Equity Dividends + Revenue Expenses a Assets Cash Accounts Receivable 5,600 - + 341ee 5,600 - $ b Bal + + + + I III . Bal 5,600 + +
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