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Pandey Inc. had the following activities during the month A. Borrowed $760,000 cash, signing a promissory note. B. Bought a building for $920,000. paying $230,000
Pandey Inc. had the following activities during the month A. Borrowed $760,000 cash, signing a promissory note. B. Bought a building for $920,000. paying $230,000 in cash and signing a promissory note for $690,000. C. Rented equipment at a cost of $16,000 per month and issued a check covering six months' rent. D. Provided $135,000 of services and billed customers E Purchased $42.000 of supplies on account F. Received a utility bill for the current period in the amount of $2.400. Raised sales prices on 200 units from $420 per unit to $500 per unit. H Received a 50% deposit from a customer on a $32,000 order to be filled next month Required: a. Analyze the events listed below by indicating the accounts and amounts involved in the table below. In the column labeled select the sign that describes how the accounting equation is affected. If the event should not to be recorded as a transaction, leave vet blank. (Enter all amounts as positive values.) Labs Stockholders' Equity c E H
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