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content area top Part 1 At the beginning of the year, BuellerBueller Builders purchased raw materials in the amount of $ 50 comma 000$50,000 to
content area top Part 1 At the beginning of the year, BuellerBueller Builders purchased raw materials in the amount of $ 50 comma 000$50,000 to produce goods to sell. BuellerBueller paid cash. What is the effect of this transaction on the accounting equation? Question content area bottom Part 1 (If an input field is not used in the table leave the input field empty; do not enter a zero. Enter a decrease in an account with a minus sign or parentheses. Abbreviations used: Acc. OCI = Accumulated Other Comprehensive Income; Beg. R/E = Beginning Retained Earnings; Contr. Cap. = Contributed Capital; RM = Raw Materials.) Assets = Liabilities + Stockholders' Equity Ending Retained Earnings Cash + RM = Liabilities + Contr. + Acc. + Beg. + Revenues - Expenses - Dividends Inventory Cap. OCI R/E and Gains and Losses Declared
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