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11:13 PM / O . Xdow..file. . .FABMI PERFORMANCE TASK LISE MICROSOFT EXCEL (21 PTS)Identify the effect of the transactions on the assen, sabilities, and equity of the hinn.then indicate the appropriate amount. Use the sign ( ) or - for decrease amount.Transaction not I was done for you. Correct snalys's of account per transaction: 1 pointeachASSETLIABILITIESECANTYIncreaseDecrease Decrease]Increase.DocroaseIncrease101 Aty Bertucio Invested P30C,000 in cash in the law practice2 Paid PAM,000 for taxes and licenses.3. He bought office equipment F40,030 paying P10 004 and the balance on account,4. Fortomned legal services for clents for mash P50 0005. Borrowed P20, 000 cash from a bank on a note payable& Pudamned legal services for cient on account P 52 0007. Paid monthly expenses salaries and wages P25,030 and utilities PR OOC.8 Arty Bertvolo withdrew F17 000 cash for personal use9. An advertiong expense was incurred for the month on account P33,DOC,10. Collected 40% of the account in number s11. Fold 1/2 of the amount borrowed in number s.DATE OF SUBMISSION: MARCH 1. 2024YOU MAY SUBMIT YOUR PTASK HERE :'Downwinddarlinggaz ggatrail.com"Note: make sure to submit your P task by section. THANK You!Print Layout. Headings:EditShareRead Aloud