For each of the following events, determine if it has an effect on the specific items (such as cash) in the accounting equation. For the events that do have an effect, present an analysis of the transaction that shows its two sides or dual nature.

a.Purchased equipment for cash, $12,000.

b.Purchased a truck for $40,000, signed a note (with no interest) promising payment in 10 days.

c.Paid $1,600 for the current months utilities.

d.Paid for the truck purchased in (b).

e.Employed Mary Childers as a salesperson at $1,200 per month. She is to start work next week.

f.Signed an agreement with a bank in which the bank agreed to lend the company up to $200,000 at any time within the next two years