QS 1-11 (Algo) Identifying effects of transactions using accounting equation-Assets and Liabilities LO P1 The following transactions were completed by the company a. The owner invested $18,600 cash in the company b. The company purchased supplies for $1,400 cash c. The owner invested $11,800 of equipment in the company in exchange for more common stock. d. The company purchased $380 of additional supplies on credit e. The company purchased land for $10,800 cash Required: Enter the impact of each transaction on individual items of the accounting equation (Enter decreases to account balances with a minus sign.) Assets Liabilities Equity Transactions Number Cash + Supplies + Equipment Land Accounts Payable Common Stock Dividends . Revenue Expenses $ 18,600 + b. $1,400+ Balance after a and b 18,600 + 1,400 + 0 + 0 0+ 0 P + . Balance after c 18,000 + 1,400 + 0 0 . d + + + Balance after d 18,600 1,400 0 . 0 0 0 - . + - + 0 . 0 . 0 . 0 b - 6. Balance after e 18,600 1,400 + 0 + 0 0+ 0 0+ 0 Ch