Question: QS 1 - 1 0 ( Algo ) Identifying effects of transactions using accounting equation - Revenues and Expenses LO P 1 The following transactions

QS 1-10(Algo) Identifying effects of transactions using accounting equation-Revenues and Expenses LO P1
The following transactions were completed by the company:
a. The company completed consulting work for a client and immediately collected $6,800 cash.
b. The company completed commission work for a client and sent a bill for $5,300 to be received within 30 days.
c. The company paid an assistant $2,050 cash as wages for the period.
d. The company collected $2,650 cash as a partial payment for the amount owed by the client in transaction b.
e. The company paid $960 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.
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