Ch 1: Homework A Saved Help Save QS 1-10 Identifying effects of transactions using accounting equation-Revenues and Expenses LO P1 The following transactions were completed by the company. a. The company completed consulting work for a client and immediately collected $5,800 cash earned. b. The company completed commission work for a client and sent a bill for $4,300 to be received within 30 days. c. The company paid an assistant $1,550 cash as wages for the period. d. The company collected $2,150 cash as a partial payment for the amount owed by the client in transaction b. e. The company paid $760 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 Equity Cash Accounts Receivable Liabilities Accounts Payable Common Stock Dividends + Revenue Expenses a + b. + + + = + 0 0 0 + 0 0 + 0 0 !!!! C. + Bal 0 0 0 + 0 0 + 0 0 d. + + Bal O + 0 0 + 0 0 + 0 0 + + + 11 Bal 0 . 0 0 + 0 0 0 0