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Accounts receivable Accrued liabilities payable Additional paid - in - capital Buildings Cash Common stock Dividends payable Intangibles Inventories Land Long - term investments Long
Accounts receivable
Accrued liabilities payable
Additional paidincapital
Buildings Cash
Common stock
Dividends payable
Intangibles
Inventories Land
Longterm investments
Longterm lease liabilities
Note receivable
Notes payableOperating lease rightofuse assets
Other current assets
Other noncurrent assets
Retained earnings
Shortterm investmentsThe following events occurred for Johnson Company:
a Received investment of cash by organizers and distributed to them shares of $ par value common stock with a market
price of $ per share.
b Leased $ of equipment, paying $ in cash and signing a longterm rightofuse lease for the rest owed.
c Borrowed $ cash from a bank.
d Loaned $ to an employee who signed a note due in six months.
e Purchased $ of land; paid $ 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.
Theres two more potenital options that werent included in the screenshots. They are "Store fixtures" and "Treasury stock".
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