E2-4 Determining Financial Statement Effects of Several Transactions [101, LO2) 2 3 The following events occurred for Faventa Company: a. Received $10,000 cash from owners and issued shares to them D. Borrowed $7,000 cash from a bank and signed a note due later this year, c. Purchased and for $12.000, paid $1,000 in cash and signed a note for the $1.000. d. Bought and received $800 of equipment on account e. Purchased $3,000 of equipment paying $1000 in cash and charged the rest on account by signing a note payable 0446 Required: For each of the events through perform transactionnalysis and indicate the account amount and direction of the effect for increase and for decrease on the accounting equation. Check trat the accounting equation remains in balance after each transaction. (Enter any decreases to account balances with a minus sin Us Shah