Question: a. The company completed consulting work for a client and immediately collected $6,600 cash earned. b. The company completed commission work for a client and
a. The company completed consulting work for a client and immediately collected $6,600 cash earned. b. The company completed commission work for a client and sent a bill for $5,100 to be received within 30 days. c. The company paid an assistant $1,950 cash as wages for the period. d. The company collected $2,550 cash as a partial payment for the amount owed by the client in transaction b. e. The company paid $920 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.) Assets Accounts Receivable Liabilities Accounts Payable Equity Owner, Withdrawals Owner Capital Cash Revenue Expenses a b Bal C. Bal d - Bal + e Bal
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