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Check my werk Part 1 of 3 Required Information E2-10 Analyzing Accounting Equation Effects, Recording Journal Entries, and Summarizing Financial Statement Impact [LO 2-2, LO

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Check my werk Part 1 of 3 Required Information E2-10 Analyzing Accounting Equation Effects, Recording Journal Entries, and Summarizing Financial Statement Impact [LO 2-2, LO 2-3, LO 2-4) Rawico Communications operates 15 radio stations. The following events occurred during September a Placed an order for office supplies costing $2.000. Supplier intends to deliver later in the month b. Purchased equipment that cost $25,000; paid $12,000 cash and signed a promissory note to pay $13,000 in one month c Negotiated and signed a one-year bank loan, and then deposited $6,000 cash in the company's checking account d Hired a new finance manager on the last day of the month e. Received an investment of $13.000 cash from the company's owners in exchange for issuing common shares Supplies (ordered in (al] were received, along with a bill for $2.000. E2-10 Part 1 Required: 1. Indicate the specific account, amount and direction of effects for each transaction on the radio station's accounting equation. Ifan event is not considered a transaction, leave the account, amount and direction of effects blank. Enter any decreases to account balances with a minus sign.) Stockholders' Equity E2-1 Matching Terms with Definitions [LO 2-1, LO 2-2, LO 2-3, LO 2-5] Select appropriate letter to each of its related definition in the list given below. Definition A. Economic resources to be used or turned into cash within one year. B. Reports assets, liabilities, and stockholders' equity. c. Decrease assets; increase liabilities and stockholders' equity. D. Increase assets; decrease liabilities and stockholders' equity. E. An exchange or event that has a direct and measurable financial effect. F. Accounts for a business separate from its owners. G. The principle that assets should be recorded at their original cost to the company. H. A standardized format used to accumulate data about each item reported on financial statements. I. The basic accounting equation. J. The two equalities in accounting that aid in providing accuracy. K. The account credited when money is borrowed from a bank using a promissory note. L. Cumulative earnings of a company that have not yet been distributed to the owners. M. Every transaction has at least two effects. N. Amounts presently owed by the business

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