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Ch The following transactions were completed by the company, a. The owner invested $18,200 cash in the company in exchange for its common stock. b.

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Ch The following transactions were completed by the company, a. The owner invested $18,200 cash in the company in exchange for its common stock. b. The company purchased supplies for $1,300 cash. c. The owner invested $11,600 of equipment in the company in exchange for more common stock. d. The company purchased $360 of additional supplies on credit. e. The company purchased land for $10,600 cash. Required: Enter the impact of each transaction on individual items of the accounting equation. (Enter decreases to account balances with a minus sign.) Assets Equity - Liabilities + Accounts Payable Cash Supplies Equipment + + Land Common Stock Dividends Revenue Expenses + a. + + + b. 0 0 0 Bal. + 0 0 0 0 0 + 0 = C 0 0 . 0 0 0 0 0 0 0 + + + + + + + + + Bal d + + + + 0 + 0 0 0 + + 0 0 Bal 0 0 0 + + + 0 . 0 0 Bal. 0 0 0 + 0 0

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