current assest part is wrong

. Formatting Table Styles Styles Clipboard Font B42 3 EB10 H 4 C DEF G 1 The following transactions occurred for Lantana Company during its first month of operations 2 and have been recorded in the T-accounts below. 3 a. Received $50,000 cash from Lantana, the sole proprietor. 5 b. Purchased land for $20,000, paid $5,000 in cash and signed a 2-year note for the remainder. 6 c. Bought $900 of supplies on account. 7 d. Purchased $10,000 of equipment, paying cash. 8 e. Paid $500 on account for supplies purchased in transaction (c) 10 Cash 50,000 Supplies 900 11 a b. c. 5,000 10,000 d 12 13 500 e 14 bal. 34.500 bal. 900 15 16 Land 20,000 d. Equipment 10,000 17 b 18 19 bal 20.000 bal. 10.000 Note Payable 20 21 22 e. 23 Accounts Payable 500 900 C. 15,000 b. 4 - Sheet1