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04:43 fGQ0201014 How these 10 transactions effect Accounting Equation? 1, Owners invest $20,000 of equity capital 2s Equipment costing $7,000 is purchased for $5,000 cash and an account payable of $2,000. 3s Supplies inventory costing $1,000 is bought for cash. 4, Salaries payable of $4,500 are paid in cash. 5. Revenues Of $10,000 are earned, Of which $5,000 has been recovered in cash. The remaining $5,000 is owed to the company by its customers. Accounts payable of $1,500 are paid in cash. 7, Customers pay $1,000 of the $5,000 they Owe the company. 8, Rent Expense Of $750 is paid in cash. 9, Tax payable of $500 are paid In cash. 10, A $200 travel expense has been incurred but not yet paid.