(Solved): Ming Chen started a business and had the following transactions in June. a. Owner invested $57,000 ...

Ming Chen started a business and had the following transactions in June. a. Owner invested $\$57,000$ cash in the company along with $\$27,000$ of equipment in exchange for its common stock. b. The company paid $\$2,500$ cash for rent of office space for the month. c. The company purchased $\$18,000$ of additional equipment on credit (payment due within 30 days). d. The company completed work for a client and immediately collected $\$2,400$ cash. e. The company completed work for a client and sent a bill for $\$9,000$ to be received within 30 days. f. The company purchased additional equipment for $\$6,900$ cash. g. The company paid an assistant $\$3,700$ cash as wages for the month. h. The company collected $\$4,800$ cash as a partial payment for the amount owed by the client in transaction $e$. i. The company paid $\$18,000$ cash to settle the liability created in transaction $c$. j. The company paid $\$1,800$ cash in dividends to the owner (sole shareholder). Required: Complete the table using additions and subtractions to show the dollar effects of the transactions on individual items of the accounting equation. Note: Enter decreases to account balances with a minus sign.