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E2-15A. Recording Transactions with the Accounting Equation During the year, the Decker Company ex- 02 perienced the following accounting transactions: 1. Purchased equipment with cash

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E2-15A. Recording Transactions with the Accounting Equation During the year, the Decker Company ex- 02 perienced the following accounting transactions: 1. Purchased equipment with cash in the amount of $150,000 2. Purchased supplies on account in the amount of $15,000 3. Collected $17,500 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: LiabilitiesStockholders' Equity Assets Accounts Receivable Supplies EquipmentA ccounts Retained Earnings Payable Cash t Receivable L05 ( 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

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