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The following transactions were completed by the company. The company completed consulting work for a client and immediately collected $7,400 cash earned. The company completed

The following transactions were completed by the company. The company completed consulting work for a client and immediately collected $7,400 cash earned. The company completed commission work for a client and sent a bill for $5,900 to be received within 30 days. The company paid an assistant $2,350 cash as wages for the period. The company collected $2,950 cash as a partial payment for the amount owed by the client in transaction b. The company paid $1,080 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 Cash + Accounts Receivable = Accounts Payable + Common Stock Dividends + Revenue Expenses a. + = + + b. + = + + Bal. + = + + c. + = + + Bal. + = + + d. + = + + Bal. + = + + e. + = + + Bal. + = + +

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