1 2 points Skipped QS 1-11 Identifying effects of transactions using accounting equation-Assets and Liabilities LO P1 The following transactions were completed by the company. a. The owner invested $18,000 cash in the company in exchange for its common stock. b. The company purchased supplies for $1,250 cash. c. The owner invested $11,500 of equipment in the company in exchange for more common stock. d. The company purchased $350 of additional supplies on credit. e. The company purchased land for $10,500 cash. eBook Required: Hint Enter the impact of each transaction on individual items of the accounting equation. (Enter decreases to account balances with a minus sign.) Print Cash Assets Liabilities Equity Accounts Supplies + Equipment + Land Payable Common Stock Dividends Revenue Expenses + + + References a. + b. + + + Bal. + 0 + 0 0 = 0 + 0 0 + 0 C. Bal. d. Bal. e. + + = + + 0 + 0 + 0 + 0 = 0 + 0 0 + 0 + + = + + 0 + 0 + 0 + 0 = 0 + 0 0 + 0 + + + = + + Bal. 0 + 0 + 0 + 0 = 0 + 0 0 + 0 0 0 0 0