Dual effects on balance sheet equation, Cement Plus, a firm specializing in building materials, engaged in the

Question:

Dual effects on equation, Cement Plus, a firm specializing in building materials, engaged in the following four transactions during 2008:
(1) Purchased and received inventory costing $14,300 million, of which $12,000 million was on account with the rest paid in cash:
(2) Purchased a machine for $3,000 million with cash;
(3) Issued 2,000 shares of for $6,500 million in cash:
(4) Issued shares of to its suppliers for the remaining amount due on purchases of inventor. Indicate the effects of each of these three transactions on the equation. Cement Plus applies U.S. financial reporting standards, and reports its results in millions of dollars.

Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on... GAAP
Generally Accepted Accounting Principles (GAAP) is the accounting standard adopted by the U.S. Securities and Exchange Commission (SEC). While the SEC previously stated that it intends to move from U.S. GAAP to the International Financial Reporting Standards (IFRS), the... Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...