Requirement 1. Analyze the effects of the transactions on the accounting equation of the Spirit Consulting, Inc. Enter the transactions in the accounting equvion, beginning with transaction. For transactions that affect shareholders' equity, select the type of equity transaction. Aller all transactions have been esteed, calculate the ending balance of each account and the total assets and total abilities and shareholders' equity (Use parentheses or a minus sign when decreasing accounts Only complete the necessary answer boxes leaving unused cells blank.) Assets Liabilities Shareholders' Equity Accounts Accounts Common Retained Type of Equity Cash + Receivable - Supplies + Land Payable Shares Carmings Transaction Bal 1.100 1,300 12.100 7.700 + 3.500 3.300 ta 9200 Issued shares 6,100' service revenue 100 - Data Table Assets * Choose from any list or enter any number in the Liabile Accounts Payable 7.700 Accounts + Receivable. Supplies 1,300 Shareholders' Equity Common Retained Earnings 3,500 Cash Land Bal 1.100 12.100 12 Check Answer remaining