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Required: Enter the impact of each transaction on individual items of the accounting equation. Note: Enter decreases to account balances with a minus sign. Transactions
Required: Enter the impact of each transaction on individual items of the accounting equation. Note: Enter decreases to account balances with a minus sign. Transactions Number a. b. a. The owner invested $16,200 cash in the company. b. The company purchased supplies for $800 cash. c. The owner 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. Balance after a and b C. Balance after c d. Balance after d e. Balance after e Cash + + ++ + + + + + Assets Supplies + Equipment + Land + + + + + + + + + + + + + + + + + + = |||| = = = = = Liabilities Accounts Payable + + + + + + + + + + Owner, Capital 111 Equity Owner, Withdrawals + + + + + + + + + + Revenue 1 T III Expense
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