C Search fotbook Solutions Oex + w.com/ilm/taksignment/taksigen Main.doinvertaimentSessionLocatori progress-false Calculator 2. Identify and analyze the transaction to record the purchase of the policy on April 1, 2017 Activity Accounts Statements How does this entry affect the accounting equation? a financial statement item is not affected, secto Entry and leave the amount box bankthe effect on a financial statement is negative is a decrease be sure to enter the war with a minus sign Balance Sheet Stockholders Assets Liabilities Equity Revenues dentity and analyze the enton December 31, 2017 Activity Accounts ch o C Search fotbook Solutions Oex + w.com/ilm/taksignment/taksigen Main.doinvertaimentSessionLocatori progress-false Calculator 2. Identify and analyze the transaction to record the purchase of the policy on April 1, 2017 Activity Accounts Statements How does this entry affect the accounting equation? a financial statement item is not affected, secto Entry and leave the amount box bankthe effect on a financial statement is negative is a decrease be sure to enter the war with a minus sign Balance Sheet Stockholders Assets Liabilities Equity Revenues dentity and analyze the enton December 31, 2017 Activity Accounts ch o