PLS CLARIFY IF MY ANSWERS R RIGHT nd complete the amount part!

The following are independent transactions for different businesses. 1. 2. 3. Lagace Enterprises signs a $26,300 note and gives cash of $2,600 to a supplier in exchange for equipment it purchased June 1. The term of the note is one year and the interest rate is 8% due at maturity. Mowat Consultants orders supplies on July 4 and agrees that it will pay $1,520 within 30 days from the date of delivery. Delivery is expected in 7 days. Meagher Manufacturing purchases a parcel of land for $144,800 cash on August 15. An appraiser for Meagher valued the land at $169,200. Shak Insurance Co. receives $4.900 cash on Feb. 1 from a customer Larson Repairs Ltd. for coverage for a one-year policy. Answer from the point of view of Shak Insurance Co. Shak Insurance Co. receives $4,900 cash on Feb. 1trm a customer Larson Repairs Ltd. for coverage for a one-year policy, Answer from the point of view of Larson Repairs Ltd. 4. 5. For each transaction indicate the basic type of account debited/credited (asset. liability, owner's equity), specific account debited/credited, the effect of a debit/credit on the account, and the amount (If an amount decreases the balance of Asset, Liability or Owner's equity then enter with negative signe.g. -15,000 or in parenthesis es. (15,000). Select NA for No Entry) Date Basic Type Increase/Decrease Specific Account June 1 Debit Asset Increase 26300 Credit Asset Decrease V -2600 Date Basic Type Increase/Decrease Specific Account June 1 Debit Asset Increase 26300 Credit Asset NA NA Aug. 15 Debit Asset Incase 144800 Credit 4900 Credit Owner's Equity Increase 4900 Feb. 1 Debit Asset Increase V 4900 Credit Asset Decrease -4900 Ant i Increase/Decrease Specific Account Amount Increase V 26300 $ Decrease -2600 Increase V 23700 NA v NA NA v NA Increase V 144800 Decrease v -144800 Increase 4900 ty v Increase 4900 Increase V 4900 Decrease -4900 of Accounts