E2-15A. Recording Transactions with the Accounting Equation During the year, the Riley Company expe- LO2 rienced the following accounting transactions: 1. Purchased equipment with cash in the amount of $165,000. 2. Purchased supplies on account in the amount of $15,000. 3. Collected $19,500 cash from customers. 4. Paid a cash dividend of $11,000. Using the accounting equation, record each of the transactions in columnar format using the following template: Assets Cash + Accounts Receivable + Supplies + Equipment = =Liabilities + Accounts Payable Stockholders' Equity + Retained Earnings E2-16A. Posting Transactions to T-accounts Using the data from short exercise E2-15A, prepare journal entries and post your transaction analysis to the appropriate T-accounts. LO5