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The following transactions were completed by the company. The company completed consulting work for a client and immediately collected $6,800 cash earned. The company completed
The following transactions were completed by the company.
- The company completed consulting work for a client and immediately collected $6,800 cash earned.
- The company completed commission work for a client and sent a bill for $5,300 to be received within 30 days.
- The company paid an assistant $2,050 cash as wages for the period.
- The company collected $2,650 cash as a partial payment for the amount owed by the client in transactionb.
- 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.)
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