1. Use the financial statement effects template in our textbook to analyze the following transactions. If an event does not have any influence on financial statements, , state "No effect."

(a) Started business by issuing 10,000 shares of common stock for $20,000.

(b) Hired Rebecca as an administrative assistant, promising to pay her $2,000 every two weeks.

(c) Rented a building for three years at $500 per month and paid six months' rent in advance.

(d) Purchased equipment for $5,400 cash.

(e) Purchased $1,800 of supplies on account.

(f) Provided services to customers for $7,800 cash.

(g) Paid employees' salaries, $5,200.

(h) Paid for supplies purchased in item (e).

(i) Paid $800 for current advertising in a local newspaper.

(j) Paid utility bill of $1,300 for the current month.