Required information Rawico Communications operates 15 radio stations. The following events occurred during September a. Placed...

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Required information Rawico Communications operates 15 radio stations. The following events occurred during September a. Placed an order for office supplies costing $3,200, Supplier intends to deliver later in the month. b. Purchased equipment that cost $37.000: paid $15,000 cash and signed a promissory note to pay $22,000 in one month. c. Negotiated and signed a one-year bank loan, and then deposited $7,000 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 $9,000 cash from the company's owners in exchange for issuing common shares. Supplies (ordered in (a)] were received, along with a bill for $3,200. Required: 1. 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.) b d. L Equipment Cash Cash Cash Supplies Totals Assets Return to question Answer is complete but not entirely correct. Liabilities Stockholders' Equity 37,000 (15,000) Notes Payable (short-term) 22,000 (7.000) O Bad Debt Expense (7.000) 9.000 O Common Stock 3,200 O 27.200 Accounts Payable 3.200 18,200 00 Required information Rawico Communications operates 15 radio stations. The following events occurred during September a. Placed an order for office supplies costing $3,200, Supplier intends to deliver later in the month. b. Purchased equipment that cost $37.000: paid $15,000 cash and signed a promissory note to pay $22,000 in one month. c. Negotiated and signed a one-year bank loan, and then deposited $7,000 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 $9,000 cash from the company's owners in exchange for issuing common shares. Supplies (ordered in (a)] were received, along with a bill for $3,200. Required: 1. 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.) b d. L Equipment Cash Cash Cash Supplies Totals Assets Return to question Answer is complete but not entirely correct. Liabilities Stockholders' Equity 37,000 (15,000) Notes Payable (short-term) 22,000 (7.000) O Bad Debt Expense (7.000) 9.000 O Common Stock 3,200 O 27.200 Accounts Payable 3.200 18,200 00