Ming Chen began a professional practice on June 1and plans to prepare financial statements at the end of each month. During June Ming Chen the owner) completed these transactions a Owner invested $68,000 cash in the company along with equipment that had a 529,000 market value in exchange for its common stock b. The company paid $2,100 cash for rent of office space for the month The company purchased $10,000 of additional equipment on credit (payment due within 30 days). d. The company completed work for a client and immediately collected the $1,600 cash earned e. The company completed work for a client and sent a bill for $9.000 to be received within 30 days The company purchased additional equipment for $6.100 cash 9. The company paid an assistant $3.000 cash as wages for the month The company collected $5,300 cash as a partial payment for the amount owed by the client in transactione The company paid $10,000 cash to settle the ability created in transaction J. The company pold $1,100 cash individends to the owner(sole shareholder) Required: Enter the impact of each transaction on Individual items of the accounting equation (Enter decreases to account balances with minus sign.) venues Dideos Ebenso Accounts Real Equipment Account Pablo Common Stock - - - Hol Proy : Next > 9 Accounts Recorable Equipment Common Accounts Payable Didelis Beve Exam 58 ants a ---- + cool Put Bal Bal Bal 1 Bal Bal . + Bal 1 - Bal Bal