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account balances should be indicated with a minus slign. Lita Lopez started Biz Consulting, a new business, and completed the following transactions during its first year of operations. a. Lita Lopez invested $67,000 cash and equipment valued at $34,000 in the company. b. The company purchased a building for $43,000cash. c. The company purchased equipment for $5,100 cash. d. The company purchased $3,900 of supplies and $1,400 of equipment on credit. e. The company paid $860 cash for advertising expenses. f. The company completed a financial plan for a client and bilied that client $4,700 for the service. 9. The company designed a financial plan for another client and immediately collected a $8,900 cash fee. h. L. Lopez withdrew $1,700 cash from the company for personal use. i. The company recelved $3,700 cash as partial payment from the client describtd in transaction t. j. The company made a partial payment of $700 cash on the equipment putchased in transaction d k. The company paid $2,300 cash for the secretary's wages for this period. Required: 1. Enter the amount of each transaction on individual items of the accounting equation. 2. Determine the company's net income. Complete this question by entering your answers in the tabs below. Enter the amount of each transaction on individual items of the accounting equation. Note: Reductions in account balances should be indicated with a minus sign. Note: Reductions in accounk balances should be indicated with a minus sign b. The company purchased a building for $43,000 cash. c. The company purchased equipment for $5,100 cash. d. The company purchased $3,900 of supplies and $1,400 of equipment on credit. e. The company paid $860 cash for advertising expenses. f. The company completed a financial plan for a client and billed that client $4,700 for the service. g. The company designed a financial plan for another client and immediately collected a $8,900 cash fee. h. L. Lopez withdrew $1,700 cash from the company for personal use. i. The company received $3,700 cash as partial payment from the client described in transaction f. j. The company made a partial payment of $700 cash on the equipment purchased in transaction d. k. The company paid $2,300 cash for the secretary's wages for this period. Required: 1. Enter the amount of each transaction on individual items of the accounting equation. 2. Determine the company's net income. Complete this question by entering your answers in the tabs below. Determine the company's net income. account balances should be indicated with a minus slign. Lita Lopez started Biz Consulting, a new business, and completed the following transactions during its first year of operations. a. Lita Lopez invested $67,000 cash and equipment valued at $34,000 in the company. b. The company purchased a building for $43,000cash. c. The company purchased equipment for $5,100 cash. d. The company purchased $3,900 of supplies and $1,400 of equipment on credit. e. The company paid $860 cash for advertising expenses. f. The company completed a financial plan for a client and bilied that client $4,700 for the service. 9. The company designed a financial plan for another client and immediately collected a $8,900 cash fee. h. L. Lopez withdrew $1,700 cash from the company for personal use. i. The company recelved $3,700 cash as partial payment from the client describtd in transaction t. j. The company made a partial payment of $700 cash on the equipment putchased in transaction d k. The company paid $2,300 cash for the secretary's wages for this period. Required: 1. Enter the amount of each transaction on individual items of the accounting equation. 2. Determine the company's net income. Complete this question by entering your answers in the tabs below. Enter the amount of each transaction on individual items of the accounting equation. Note: Reductions in account balances should be indicated with a minus sign. Note: Reductions in accounk balances should be indicated with a minus sign b. The company purchased a building for $43,000 cash. c. The company purchased equipment for $5,100 cash. d. The company purchased $3,900 of supplies and $1,400 of equipment on credit. e. The company paid $860 cash for advertising expenses. f. The company completed a financial plan for a client and billed that client $4,700 for the service. g. The company designed a financial plan for another client and immediately collected a $8,900 cash fee. h. L. Lopez withdrew $1,700 cash from the company for personal use. i. The company received $3,700 cash as partial payment from the client described in transaction f. j. The company made a partial payment of $700 cash on the equipment purchased in transaction d. k. The company paid $2,300 cash for the secretary's wages for this period. Required: 1. Enter the amount of each transaction on individual items of the accounting equation. 2. Determine the company's net income. Complete this question by entering your answers in the tabs below. Determine the company's net income