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The following transactions were completed by the company. a. The company completed consulting work for a client and immediately collected $6,000 cash earned. b. The
The following transactions were completed by the company. a. The company completed consulting work for a client and immediately collected $6,000 cash earned. b. The company completed commission work for a client and sent a bill for $4,500 to be received within 30 days. c. The company paid an assistant $1,650 cash as wages for the period. d. The company collected $2,250 cash as a partial payment for the amount owed by the client in transaction b. e. The company paid $800 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.) . ces Assets Accounts Receivable Liabilities Accounts Payable Cash Owner Capital Equity Owner, Withdrawals + Rovenue Expenses - + IT b. Bal +++ . c Bal 1... + + d + Bal +++ +
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