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QS 1-11 Identifying effects of transactions using accounting equation-Assets and Liabilities LO P1 The following transactions were completed by the company. a. The owner (Alex
QS 1-11 Identifying effects of transactions using accounting equation-Assets and Liabilities LO P1 The following transactions were completed by the company. a. The owner (Alex Carr) invested $15,000 cash in the company. b. The company purchased supplies for $500 cash. C. The owner (Alex Carr) invested $10,000 of equipment in the company d. The company purchased $200 of additional supplies on credit. e. The company purchased land for $9,000 cash
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