(a) The business received $90,000 cash and issued stock to the owner. (b) The company buys equipment for $10,000 cash. bpment (c) The company buys $12,000 of equipment on account. Asset (d) The firm purchases supplies for $3,000 cash. Asset , (e) The firm makes a payment of $5,000 on account. i abilet (g) Purchased goods from Naan for cash $40,000 (h) He purchased furniture for cash $ 35,000 (0) Purchased machinery on credit $40,000 Do the Accounting Equation from the above transactions