Question: Please help solve the blanks ! Take me to the text Joan's Catering was started by Joan Bogota one year ago. It mainly focuses on

 Please help solve the blanks ! Take me to the textJoan's Catering was started by Joan Bogota one year ago. It mainly

Please help solve the blanks !

Take me to the text Joan's Catering was started by Joan Bogota one year ago. It mainly focuses on the delivery of food from restaurants to various corporate events. The opening balance of the accounts on August 1, 2021 are shown below. Opening Balances - August 1, 2021 Cash $ 900 Accounts Receivable $ 830 Prepaid Expenses $ 410 Equipment $ 3,100 Accounts Payable $ 1,320 Bank Loan $0 Bogota, Capital $ 3,920 Required a) Indicate whether assets, liabilities or owner's equity will increase or decrease and by how much, based on each transaction during August. The first transaction has been completed for you. Always ensure that the accounting equation is balanced. Do not enter dollar signs or commas in the input boxes. Use the negative sign for negative values. Where a transaction affects two accounts in the same category, enter the positive amount in the first space provided and enter the negative amount in the second. vrere a transaction two accounts in the Same Category, enter the positive aliount in the list -provided and enter the negative amou Transaction Assets Liabilities Owner's Equity 1) Borrowed $8,200 from the bank. 8200 8200 2) Purchased equipment for $6,700 cash. 6700 3) Billed customer $3,220 for completed catering services, which is due in 30 days. 3220 4) Paid $550 cash for regular cleaning of the business office. 5) Collected $2,120 from customers who owed money. 6) Paid $3,100 in advance for four months of rent. 3100 7) Recorded $1,410 of cash sales for the month. 8) Paid $590 owed to a supplier

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