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QS $1-11($Algo$)$ Identifying effects of transactions using accounting equation$$Assets and Liabilities LO P$1$

The following transactions were completed by the company:

The owner invested $$17,400$ cash in the company.

The company purchased supplies for $$1,100$ cash.

The owner invested $$11,200$ of equipment in the company in exchange for more common stock.

The company purchased $$320$ of additional supplies on credit.

The company purchased land for $$10,200$ cash.

Required:

Enter the impact of each transaction on individual items of the accounting equation.

Note: Enter decreases to account balances with a minus sign.