15 po 1 Block He P eferences The following events occurred for Johnson Company a. Received investment of cash by organizers and distributed to them 1,100 shares of $1 par value common stock with a market price of $30 per share. b. Leased $8,300 of equipment, paying $1,100 in cash and signing a long-term right-of-use lease for the rest owed c. Borrowed $6,000 cash from a bank d. Loaned $700 to an employee who signed a note due in six months. e. Purchased $15,306 of land: paid $5,000 in cash and signed a note for the balance. Required: For each of the events (a) through (e), perform transaction analysis and indicate the account and amount. Check that the accounting equation remains in balance after each transaction Note: Enter decreases to an element of the balance sheet with a minus sign. If no impact on accounting equation leave cells blank. Even B Cash a b. Retained eamings b Cash c Cash Note receivable Cash Land Cash Ascots . Stockholders' Equity Check my work