Yard Professionals Inc. experienced the following events in Year 1, its first year of operation: 1. Performed services for $18,000 cash. 2. Purchased $6,400 of supplies on account. 3. A physical count on December 31, Year 1, found that there was $1,270 of supplies on hand. Required Based on this information alone a. Record the events in general ledger accounts under an accounting equation. (Enter any decreases to account balances with a minus sign.) Event YARD PROFESSIONALS INC. Effect of Events on the Accounting Equation for Year 1 1. Provided service 2. Purchased supplies 3. Used supplies Totals Stockholders' Assets Liabilities Equity Accounts Retained Cash Supplies Payable Earnings