1/1. Show the effects of transactions on the Balance Sheet Equation a) Investment of Capital: Mr.X, the owner invested $10,000 in cash on January 1, 2018. b) Purchase of Building: The owner planned to have his own shop and purchased a building with three flats for $ 1,000 each, paying cash of $ 3,000 on March 23, 2018. c) Sale of Building: The owner decided to sell one of the flats to Dutton Co. on July 27, for $ 1,000. No cash was received on that date. d) Purchase of Goods: To conduct operations, the company purchased some goods for $ 3,800 on September 29. No cash payment was made to the seller called Maltby Co. on this date. e) Collection on an Accounts Receivable: $ 700 in cash received from Dutton Co. in partial settlement of his account on October 10. f) Payment on an Accounts Payable: The owner paid $ 2,600 to Maltby Co. to apply on account on November 30, 2018