S 1-10 Identifying effects of transactions using accounting equation-Revenues and Expenses LO P1

The following transactions were completed by the company.

1. The company completed consulting work for a client and immediately collected $5,500 cash earned.
2. The company completed commission work for a client and sent a bill for $4,000 to be received within 30 days.
3. The company paid an assistant $1,400 cash as wages for the period.
4. The company collected $1,000 cash as a partial payment for the amount owed by the client in transaction b.
5. The company paid $700 cash for this period's cleaning services.

Required:

Enter the impact of each transaction on individual items of the accounting equation. (Enter decreases to account balances with a minus sign.)