Required information Rawlco Communications operates 10 radio stations. The following events occurred during September a. Placed an order for office supplies costing $2,700. Supplier intends to deliver later in the month. b. Purchased equipment that cost $32,000; paid $18,000 cash and signed a promissory note to pay $14,000 in one month. C. Negotiated and signed a one-year bank loan, and then deposited $7000 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 $12,000 cash from the company's owners in exchange for issuing common shares f Supplies [ordered in (a)] were received, along with a bill for $2,700 equired 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.) Answer is not complete Assets Liabilities Stockholders' Equity (18,000) 32,000 b. Cash Notes Payable (short-term) 14,000 Equipment C. Cash 12,000 2,700 28,700 e. Cash Common Stock 2,700 16,700 f. Supplies Accounts Payable Totals