Apple and Goog Nette Facebook Twitter und Mysu Student University ophy Textbook og heue My Drive Google Drivepump 4 3.00 points Study P E2-4 Determining Financial Statement Effects of Several Transactions LO2-3 Intatic dater The following events occurred for Johnson Company a. Received Investment of cash by organizers and distributed to them 1,200 shares of S1 par value common stock with a market price of $5 per share, b. Purchased $8.700 of equipment, paying $1,000 in cash and owing the rest on accounts payable to the manufacturer d. Loaned $800 to an employee who signed a note. e Purchased $19,587 of land, paid 6,000 in cash and signed a mortgage note for the balance ncial St Transaction Required: For each of the events (a) through (o), perform transaction analysis and indicate the account, amount and direction of the effect (+ for increase and - for decrease) on the accounting equation. Check that the accounting equation remains in balance after each transaction (if no Impact on accounting equation leave cells blank.) Transaction Assets Liabilities Stockholders' Equity Common stock 1.2001 Cash b. Equipment Cash 8,700 (1.0001 c. d A W NIE 10