Indicate the accounts, amounts, and direction of the effects on the accounting equation (Assets = Liabilities + Stockholders' Equity). Enter the exact amount of the transaction or O for No Effect in the 3rd box of each line. Do not include the dollar sign. Purchased $1,000 in equipment, paying $200 cash and promising the rest on a note due in one year. Assets 1: Assets 2: Liabilities: Shareholders' Equity: 4 ( (

Indicate the accounts, amounts, and direction of the effects on the accounting equation (Assets = Liabilities + Stockholders' Equity). Enter the exact amount of the transaction or 0 for No Effect in the 3rd box of each line. Do not include the dollar sign. Purchased $1,000 in equipment, paying $200 cash and promising the rest on a note due in one year. Assets 1 : Assets 2: Liabilities: Shareholders' Equity