OS $1-10($Algo$)$ Identifying effects of transactions using accounting equation$-$Revenues and Expenses LO P$1$

The following transactions were completed by the company.

a$.$ The company completed consulting work for a client and immediately collected $$5,600$ cash.

b$.$ The company completed commission work for a client and sent a bill for $$4,100$ to be received within $30$ days.

c$.$ The company paid an assistant $$1,450$ cash as wages for the period.

d$.$ The company collected $$2,050$ cash as a partial payment for the amount owed by the client in transaction $b.$

e$.$ The company paid $$720$ cash for this period's cleaning services.

Required:

Enter the impact of each transaction on individual items of the accounting equation.

Note: Enter decreases to account balances with a minus sign.

$\backslash$table$[[$Transactions Number,Assets,$\backslash$table$[[,\backslash$table$[[$Liabilities$],[$Accounts$],[$Payable$]],\backslash$table$[[,$Equity,,,,,,$],[,$Cash,$+,\backslash$table$[[$Accounts$],[$Receivable$]],,,,\backslash$table$[[$Owner$,],[$Capital$]],-,\backslash$table$[[$Owner$,],[$Withdrawals$]],+,$Revenue,$-],[$a$.,,+,(7),=,,+,,-1,,+,,-],[$b$.,,+,$gemenges,$=,,+,,-,,+,,-],[$Balance after a and $b,0,+,0,=,0,+,0,-,0,+,0,-],[$c$.,,+,1,=,,+,,-,?,+,,-],[$Balance after c$,0,+,0,=,0,+,0,-,0,+,0,-],[$d$.,,+,-,=,$F$,+,,-,-,+,,-],[$Balance after d$,0,+,0,=,0,+,0,-,0,+,0,-],[$e$.,,+,F,=,7,+,,-,,+,,-]]]]]]$

Afrey

$2$ of $11$

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