Question: x Adjusting Entries: A Simple Intro X + ation.com/et/map/index.html?_con=contexternal_browser=0&launchurl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activ 6 Help S QS 1-10 Identifying effects of transactions using accounting equation-Revenues and Expenses LO P1

x Adjusting Entries: A Simple Intro X + ation.com/et/map/index.html?_con=contexternal_browser=0&launchurl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activ 6 Help S QS 1-10 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 $7.200 cash earned b. The company completed commission work for a client and sent a bill for $5 700 to be received within 30 days. c. The company paid an assistant $2.250 cash as wages for the period. d. The company collected $2.850 cash as a partial payment for the amount owed by the client in transaction b. e. The company paid $1040 cash for this period's cleaning services Required: Enter the impact of each transaction on individual items of the accounting equation (Enter decreases to account balances with a minus sign) Assets Accounts Receivable Accounts Payabile Equity Dividends Stock Revue Expenses b Bal 0 0 = BH 9 O ation.com/ext/map/index.html?_con=con&external_browser=0&launch Url=https%253A%252F%252Fnewconnect.mheducat Saved Required: Enter the impact of each transaction on individual items of the accounting equation. (Enter decreases to account minus sign.) Equity Cash Assets Accounts Receivable Liabilities Accounts Payable Common Stock Dividends Revenue Expenses + ib + + + Bal 0 + 0 ++++++ 0 + 0 - 0 0 - 0 C + + O + Bal d 0 0 ol + 0 O + Bal 0 0 " 0 0 0 + 0 0 + Bal 0 + 0 0 + 0 0 0 0 21 9 x Adjusting Entries: A Simple Intro X + ation.com/et/map/index.html?_con=contexternal_browser=0&launchurl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activ 6 Help S QS 1-10 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 $7.200 cash earned b. The company completed commission work for a client and sent a bill for $5 700 to be received within 30 days. c. The company paid an assistant $2.250 cash as wages for the period. d. The company collected $2.850 cash as a partial payment for the amount owed by the client in transaction b. e. The company paid $1040 cash for this period's cleaning services Required: Enter the impact of each transaction on individual items of the accounting equation (Enter decreases to account balances with a minus sign) Assets Accounts Receivable Accounts Payabile Equity Dividends Stock Revue Expenses b Bal 0 0 = BH 9 O ation.com/ext/map/index.html?_con=con&external_browser=0&launch Url=https%253A%252F%252Fnewconnect.mheducat Saved Required: Enter the impact of each transaction on individual items of the accounting equation. (Enter decreases to account minus sign.) Equity Cash Assets Accounts Receivable Liabilities Accounts Payable Common Stock Dividends Revenue Expenses + ib + + + Bal 0 + 0 ++++++ 0 + 0 - 0 0 - 0 C + + O + Bal d 0 0 ol + 0 O + Bal 0 0 " 0 0 0 + 0 0 + Bal 0 + 0 0 + 0 0 0 0 21 9
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