Create an excel table for Mike Smith Consultations business. Analyze the following transactions and indicate which account increases and which account decreases, or whether both accounts decrease or both accounts increase. Also, indicate how the expanded accounting equation is affected. Cash is received for investment in the business of $80,000. Monthly rent is paid for $1,200 in cash. ➤ Office supplies are purchased for $600.00 in cash. Office equipment is purchased on credit for $4,000. Work is done for a client on credit for $2,500.