Accounting Help: Identifying effects of transactions using accounting equation Step-by-step with JE

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 earned. 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. (Enter decreases to account balances with a minus sign.)

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