Align an account with its correct account type under the Accounting Equation. For example, align salary expense under the Expense account type column. Write legibly and use two or more rows for a transaction as needed. The account number (e.g., 113300) and account name (e.g., Bank Cash) for each account used in recording the transaction The increase (+) or decrease (-) in terms of the dollar amount for each account used in recording the transaction The Debit (Dr.) or Credit (Cr.) for each account used in recording the transaction An example is provided on the accounting worksheet for your reference. 1. Analyze and record following transactions on the Accounting Worksheet. (1) On current date + 1, company's board of directors has approved the issue of additional 400,000 shares of common stock at 2 per share. (2) On current date + 2, The board of directors has also approved a 5-year adjustable interest rate loan for 200,000 Euros to finance company startup operations. The initial interest rate is 7.5%. (3) On current date + 3, the company acquires additional 140,000 in Machinery and Equipment. The useful life is 10 years with no residual value. The simple straight line depreciation is to be used. (4) On current date + 5 the company acquires land for 200,000 Euros (5) On current date + 5, the company acquires a building for 300,000 Euros. The building has a 10 year useful life and will be used for operations and inventory storage. The company uses a simple straight line depreciation for the building. (6) On current date + 7, the company purchases postage for 150 euros. The postage is treated as an expense upon occurrence based on Material Principle.