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a. The owner invested $17,800 cash in the company in exchange for its common stock b. The company purchased supplies for $1,200 cash. c. The

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a. The owner invested $17,800 cash in the company in exchange for its common stock b. The company purchased supplies for $1,200 cash. c. The owner invested $11,400 of equipment in the company in exchange for more common stock d. The company purchased $340 of additional supplies on credit. e. The company purchased land for $10,400 cash Required Enter the impact of each transaction on individual items of the accounting equation. (Enter decreases to account balances with a minus sign.) Equity Liabilities+ Assets Common Stock Accounts -DividendsRevenueExpenses LandPayable Supplies + Equipment + Land Cash Bal C. Bal 0 Bal Bal

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