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actice Problems Saved The following transactions were completed by the company a. The owner invested $17,400 cash in the company in exchange for its common

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actice Problems Saved The following transactions were completed by the company a. The owner invested $17,400 cash in the company in exchange for its common stock b. The company purchased supplies for $1,100 cash. c. The owner invested $11,200 of equipment in the company in exchange for more common stock d. The company purchased $320 of additional supplies on credit. e. The company purchased land for $10,200 cash. Required: Enter the impact of each transaction on individual items of the accounting equation. (Enter decreases to account balances with a minus sign.) Assets Cash + Supplies Equipment Liabilities Accounts Payable Land Common Stock Equity Dividends Revenues Expenses + + + + b Bal + + +++ d. + ++ Bal +

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