TNT has the following transactions during April of the current year. Apr. 1 Opens a law office, investing $25,000 in cash. 4 Pays rent in advance for 6 months, $9,000 cash. 16 Receives $8,000 from clients for services provided. 27 Pays secretary $2,800 salary. Indicate the effect on the accounting equation and the debit-credit analysis. Effect on Accounting Equation Apr. 1 The asset is the stockholders' equity account is Deb Crec Crec Apr.4 The asset is Deb the asset is Deb Crec Crex Apr. 16 The asset is Deb the revenue is Deb Crec Crec Apr.27 The expense is Deb the asset is Deb Debit-Credit Analysis Debits Debit Credits Credit $ Debits Debit Credits Credit $ Debits Debit $ Credits Credit $ Debits