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please help. zoom in to see clearly. 1 - Show the impact of business transactions on the accounting equation (10 marks). Indicate the effect of

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1 - Show the impact of business transactions on the accounting equation (10 marks). Indicate the effect of the following transactions on the accounting equation in the chart below a. Received $500,000 from the owners as an investment in the company in exchange for common stock. b. Purchased $2,000 of supplies on account. c. Purchased land for $60,000, paying $10,000 down and the balance on a note payable. d. Performed services on account, $4,000. e. Paid $5,000 for salaries. I Accounts Receivable Cash Supplies Land Notes Payable Accounts Payable Common Stock Retained Earnings a. b. d. e. 2: Analyze the effects of the transactions piven below (20 marks). ASSETS Accounts Cash Recevable Supplies Truck Bal $ 10,000 $ 2,000 $ 500 LIABILITIES Notes Accounts Payable Payable $ 2,500 STOCKHOLDERS' EQUITY Common Retained Stock Earnings $ 4,000 $ 6,000 1. 2. 3. . 5. . 7. 8. 9. 10. I 1. Boring invested $210,000 in exchange for common stock. 2. Purchased $1,000 of supplies on account. 3. Purchased a truck for $12,000, terms $1,500 down and the balance on a 2-year note payable. 4. Provided $5,000 of services for cash 5. Provided $1,000 of services on account. 6. Paid an employee salary of $1,200. 7. Collected $500 on account 8. Pald a $700 dividend, 9. Paid $1,000 on account for the supplies purchased in transaction 2. 10. Paid $800 rent

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