Given

answer: Record the transactions in the basic accounting equation (if a box isn't used in the formula, leave the box empty; do not enter a zero. Enter decreases in an account with a minus sign or parentheses.)

a. Mike invests $116,000 in company. b. Bought equipment for cash, $1,100. c. Bought equipment on account, $1,150. a. Mike invests $116,000 in company. Assets + Liabilities = Accounts Payable + Owner's Equity Mike, Capital Cash + Equipment + 11 +