Grizzly Company enters into the following transactions 1. Stockholders contribute $25,000 cash to a company in exchange for common stock 2. The company purchases $12,500 of new equipment in exchange for its promise to pay $12,500 at the end of next month 3. The company pays $7500 to suppliers on account Required: oShow the effect of these transactions on the basic accounting equation b. Prepare the journal entries that would be used to record the transactions Complete this question by entering your answers in the tabs below. Required A Required Show the effect of these transactions on the basic accounting equation (Enter any decreases to account balances with a mission) Transaction Analysis Liabilities Assets Stockholders' Equity