Required information [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. July 3 Joan provides lavn services to Sally's repair shop on account, $300. July 6 One of Joan's movers malfunetione. Sally providen repair servicen to Joan on sccount, $250. July 9 sally pays $300 to Joan for lavn services provided on July 3 . July 14 sally borrows $400 from Joan by signing a note. Joly 18 Joan purchases advertising in a local newspoper for the remainder of July and pays cash, $120. July 20 Joan pays $250 to 5a11y for services provided on July 6. July 27 Sally performs repair services for other customers for cash, $600. July 30 sally pays esployee salaries for the month, $100. July 31 sally pays $400 to Joas for noney borrowed on July 14. Required: 2. Using the format shown below, enter the impact of each transaction on the accounting equation for each company. (Decreases to account classifications should be entered as a negative.)