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Required information E2-10 (Static) Analyzing Accounting Equation Effects, Recording Journal Entries, and Summarizing Financial Statement Impact (LO 2-2, LO 2-3, LO 2-4) The following Information

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Required information E2-10 (Static) Analyzing Accounting Equation Effects, Recording Journal Entries, and Summarizing Financial Statement Impact (LO 2-2, LO 2-3, LO 2-4) The following Information applies to the questions displayed below) Rawlco Communications operates 15 radio stations. The following events occurred during September a. Placed an order for office supplies costing $2,000. Supplier intends to deliver later in the month. b. Purchased equipment that cost $30,000; paid $10,000 cash and signed a promissory note to pay $20,000 in one month c Negotiated and signed a one-year bank loan, and then deposited $5,000 cash in the company's checking account. d Hired a new finance manager on the last day of the month e. Received an investment of $10,000 cash from the company's owners in exchange for issuing common shares Supplies (ordered in (a) were received, along with a bill for $2,000. E2-10 (Static) Part 1 mences Required: 1. Indicate the specific account, amount, and direction of offects for each transaction on the radio station's accounting equation. If on event is not considered a transaction, leave the account, amount and direction of effects blank (Enter any decreases to account balonces with a minus sign) Assets Liabilities Stockholders equired: Indicate the specific account, amount, and direction of effects for each transaction on the radio station's accounting equation. If an event is not considered a transaction, leave the account, amount and direction of effects blank (Enter any decreases to account balances with a minus sign.) Stockholders' Equity Assets Liabilities SPP d 0 0+ Total ccount, amount and direction of effects blank. (Enter any decreases to account Liabilities Stockholders' Equity 0 0+ omework Saved Rawico Communications operates 15 radio stations. The following events occurred during September a. Placed an order for office supplies costing $2,000. Supplier intends to deliver later in the month. b. Purchased equipment that cost $30,000; paid $10,000 cash and signed a promissory note to pay $20,000 in one month c. Negotiated and signed a one-year bank loan, and then deposited $5,000 cash in the company's checking account d. Hired a new finance manager on the last day of the month. e. Received an investment of $10,000 cash from the company's owners in exchange for issuing common shares. 1. Supplies [ordered in (a)} were received, along with a bill for $2,000, E2-10 (Static) Part 2 2. Prepare journal entries to record each transaction. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction lit View journal entry worksheet No Transaction No Transaction Recorded General Journal Dobie Dobit ces Credit 1 2 b Equipment Cash Notes Payable (short-term) Required information E2-10 (Static) Analyzing Accounting Equation Effects, Recording Journal Entries, and Summarizing Financial Statement Impact [LO 2-2, LO 2-3, LO 2-4) (The following information applies to the questions displayed below) Rawico Communications operates 15 radio stations. The following events occurred during September a. Placed an order for office supplies costing $2,000. Supplier intends to deliver later in the month. b. Purchased equipment that cost $30,000; paid $10,000 cash and signed a promissory note to pay $20,000 in one month c. Negotiated and signed a one-year bank loan, and then deposited $5,000 cash in the company's checking account d. Hired a new finance manager on the last day of the month e. Received an investment of $10,000 cash from the company's owners in exchange for issuing common shares Supplies (ordered in ()) were received, along with a bill for $2,000 E2-10 (Static) Part 3 3. Rawico began the month with $220,000 in total assets. What total assets would be reported on the balance sheet after events (0) (A? Ending Total Assets

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