Casting Crown Construction entered into the following transactions during a recent year: January January January February March 2 Purchased a bulldozer for $200,000 by paying $20,000 cash and signing a $180,000 note. 3 Replaced the steel tracks on the bulldozer at a cost of $20,000, purchased on account. 30 wrote a cheque for the amount owed on account for the work completed on January 3. 1 Replaced the seat on the bulldozer and wrote a cheque for the full $600 cost. 1 Paid $2,400 cash for the rights to use computer software for a two-year period. Required: 1-a. Analyze the accounting equation effects. (Enter any decreases to accounts with a minus sign.) Date Assets Liabilites Shareholder's Equity Note payable 180,000 Jan. 2 Equipment Cash Jan. 3 Equipment Jan. 30 Accounts payable Feb. 1 Accounts receivable Accounts payable 200,000 (20,000) 20,000 (20,000) (600) (2,400) 20,000 (20,000) Mar. 1 1-b. Prepare the journal entries for each of the transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the entry for depreciation and amortization, Note: Enter debits before credits Date General Journal Credit Mar 31