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The following transactions were completed by the company a. The company completed consulting work for a client and immediately collected $6,700 cash earned b. The
The following transactions were completed by the company a. The company completed consulting work for a client and immediately collected $6,700 cash earned b. The company completed commission work for a client and sent a bill for $5,200 to be received within 30 days c. The company paid an assistant $2,000 cash as wages for the period d. The company collected $2,600 cash as a partial payment for the amount owed by the client in transaction b e. The company paid $940 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.) Equity - Liabilities Accounts Payable Assets CommonDividends Accounts Receivable Cash RevenuesExpenses Stock Bal C. Bal Bal Bal. $
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