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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

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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 Carr) invested $16,200 cash in the company. b. The company purchased supplies for $800 cash c. The owner (Alex Carr) Invested $10,600 of equipment in the company. d. The company purchased $260 of additional supplies on credit. e. The company purchased land for $9,600 cash Required: Enter the impact of each transaction on Individual items of the accounting equation (Enter decreases to account balances with a minus sign.) - Ansets Supplies + topment - Cash Latitis Accounts Payable Equity A Car Withdrawal Land A Carr Capital Revenue Expose b . + ol 0 + 0 0 0 D 0 Bal 10 Bal . 0 0 0 0 o + d. Bal 0 0 0 - 0 D 0 0 0 0 D + 0 0 D + 0 0 + 0 - 0 1

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