Analyze the following transactions and show their effects on the basic accounting equation. a. C. Received $153,000 from investors buying shares in the company. b. Bought equipment for $52,700. Paid half in cash, with the remainder to be paid in six months. Bought inventory costing $47,700, on account. d. (ii.) Sold inventory costing $37,700 to customers, (i.) on account, for $54,700. e. Made a payment of $1,000 on accounts payable. f. Borrowed $27,700 from a bank. The interest on the loan is 6% per year. g. Depreciated equipment by $1,160. h. Paid $780 for supplies to be used in the future. i. Paid $250 to the power company for electricity used during the period. j. Declared and paid dividends of $8,100. Assets Accounts Receivable Cash Inventory Supplies a. $153,000 o 0 0 b. -$26,400 0 0 0 C. 0 o $47,800 0 d (i). 0 $54,800 0 0 d(ii). $37,800 0 0 0 e. -$1,000 o o 0 f. $27,800 0 o 0 g. 0 0 O 0 h. -$780 0 o $780 i. -$260 0 o 0 Liabilities Accounts Payable Rel Shareholders' Equity Common Shares Loan Payable Equipment Ear 0 0 0 $153,000 $52,800 $26,400 o o 0 $47,800 0 o 0 0 0 o 0 0 0 o 0 $1,000 0 o o 0 $27,800 O $1,130 0 0 0 0 0 0 0 0 0 0 Loan Payable Shareholders' Equity Common Shares Retained Earnings Revenues/Expenses/ Dividends Declared 0 0 $153,000 0 Not Applicable 0 0 0 o Not Applicable o o o o Not Applicable 0 0 0 $54,800 Revenues 0 0 o $37,800 Revenues 0 0 0 o Not Applicable 0 $27,800 0 0 Dividends Declared 0 0 0 $1,130 Expenses 0 o 0 o Revenues 0 0 0 - $260 Expenses