ezto.mheducation.com C B Practice Exercises - Chapter 1 - ACC201 Fin. M Question 2 - Practice Exercises - Chapter 1. Acc ://login.nu.edu/view/ B Grades - ACC201 Financial Accounting Fund.. Saved Help Save & ractice Exercises - Chapter 1 i Che 2 The following transactions were completed by the company: a. The company completed consulting work for a client and immediately collected $5,500 cash. 2 b. The company completed commission work for a client and sent a bill for $4,000 to be received within 30 days. points c. The company paid an assistant $1,400 cash as wages for the period. d. The company collected $1,000 cash as a partial payment for the amount owed by the client in transaction b. e. The company paid $700 cash for this period's cleaning services. Book Required: Enter the impact of each transaction on individual items of the accounting equation. Note: Enter decreases to account balances with a minus sign. Hint Assets = Liabilities Equity Transactions Number Cash Accounts = Accounts Common Stock Dividends + Receivable Payable Revenue - Expenses Print a. b References Balance after a and b + Balance after c + + + + + + 11 1 1 1 11 Balance after d e . Balance after e Grav Hill MacBook Pro X @ o W # A HA N 5 6 7 W E R T U O P S D F G H K