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 invested $17,600 cash in the company in exchange for its common stock. b. The company purchased supplies for $1,150 cash. c. The owner invested $11,300 of equipment in the company in exchange for more common stock. d. The company purchased $330 of additional supplies on credit. e. The company purchased land for $10,300 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 + Cash Supplies + Equipment Liabilities Accounts Payable Equity Land a Common Stock Dividends Revenue + Expenses 4 + + + 0 + + 0 + 0 + + 0 b. Bal. 0 Bal d. Bal 0+ + 0 + 0 + 0 0+ + 0 0 + 0 + 0 0 + + 0 + 0 + 0 0 0 + + 0 . 0 0 + + ol 0+ . 0 * * 0 Bal 0 + 0+ 0 0 + 0 . 0. 0 0 0 0