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Required information [ The following information applies to the questions displayed below. ] Rawlco Communications operates 1 5 radio stations. The following events occurred during

Required information
[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 $1,800. Supplier intends to deliver later in the month.
b. Purchased equipment that cost $23,000; paid $6,000 cash and signed a promissory note to pay $17,000 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 $11,000 cash from the company's owners in exchange for issuing common shares.
f. Supplies [ordered in (a)] were received, along with a bill for $1,800.
Required:
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.
Note: Enter any decreases to account balances with a minus sign.
a. Placed an order for office supplies costing $1,800. Supplier intends to deliver later in the month.
b. Purchased equipment that cost $23,000; paid $6,000 cash and signed a promissory note to pay $17,000 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 $11,000 cash from the company's owners in exchange for issuing common shares.
f. Supplies [ordered in (a)] were received, along with a bill for $1,800.
Required:
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.
Note: Enter any decreases to account balances with a minus sign.
Required information
[The following information applies to the questions displayed below.]
The following events occurred for Favata Company:
a. Received $17,500 cash from owners and issued stock to them.
b. Borrowed $14,500 cash from a bank and signed a note due later this year.
c. Bought and received $1,550 of equipment on account.
d. Purchased land for $27,000; paid $2,500 in cash and signed a long-term note for $24,500.
e. Purchased $10,500 of equipment; paid $2,500 in cash and charged the rest on account.
Required:
For each of the events (a) through (e), perform transaction analysis and indicate the account, amount, and direction of the effect on the accounting equation.
Note: Enter any decreases to account balances with a minus sign. Please solve it the form of that table I have to fill out.
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