Question: Analyze each transaction below by showing its effects on the occounting equation; specifically, identify the accounts and amounts (including + or ) for each transaction.
Analyze each transaction below by showing its effects on the occounting equation; specifically, identify the accounts and amounts (including + or ) for each transaction. Kay 1 The ectrpany provided $4,100 of consulting nervicen on credit to a custaser. Kay 3 The company parchased 5700 ot mupplies on eredit. May 9 the compery collected $1,100 eash at partital payment tenard the Kay I consuleing rovenue. May 20 tbe company pald $700 canh toward the payable of May 3 . Moy. 31 the ocopany pald $300 cash for this month's utilities. Note: Enter all amounts as positive values
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