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The following transactions were completed by the company. a. The company completed consulting work for a client and immediately collected $6,800 cash. b. The company

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The following transactions were completed by the company. a. The company completed consulting work for a client and immediately collected $6,800 cash. b. The company completed commission work for a client and sent a bill for $5,300 to be received within 30 days. c. The company paid an assistant $2,050 cash as wages for the period. d. The company collected $2,650 cash as a partial payment for the amount owed by the client in transaction b. e. The company paid $960 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 Assets Accounts Receivable Liabilities Accounts Payable Cash + Common Stock Dividends + Revenue Expenses a. + + = + + b. + + + Bal. 0 + 0 0 + 0 0 + 0 0 C. + = + + Bal. 0 + 0 = 0 + 0 0 + 0 0 d. + = + + Bal. 0 + 0 = 0 + 0 0 + 0 0 0 e. + + + + Bal. 0 0 + 0 = 0 + 0 0 + 0 0

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