The following transactions occurred during a recent year. b c. d f g. h. 1. j Paid wages of $1,475 for the current period. Borrowed $6,900 cash from local bank. Purchased, $2,950 of equipment on credit. Earned $590 of sales revenue, collected cash. Received $1,180 of utilities services, on credit. Earned $2,270 of service revenue, on credit. Paid $490 cash on account to a supplier. Incurred $165 of delivery expenses, paid cash. Earned $780 of service revenue, collected half in cash, balance on credit. Collected $290 cash from customers on account. Incurred 680 of advertising costs, paid half in cash, balance on credit. Required: For each of the transactions, complete the table below, indicating the account, amount, and direction of the effect (+ for increase. - for decrease and +/- for increase and decrease) of each transaction under the accrual basis. Include revenues and expenses as subcategories of shareholders' equity, as shown for the first transaction, which is provided as an example, Assets Liabilities Transaction a Cash b. (1.475) Stockholders' Equity Wages expense (1.475) d. e. g h