Requirement General Journal General Ledger Trial Balance Income Statement St Owners Equity Balance Sheet Impact on Equity Save & EXIL Submit While the balance sheet reports he detail of individual assets and liabilities, owner's equity is reported in total. The expanded accounting equation shows the four subsets of equity: Revenues, Expenses, Owner investments and Owner withdrawals. Using the dropdown buttons, indicate the impact each transaction has on total equity (if any). Compare the total with the amount of equity reported on the balance sheet. ces Transaction Sharon Lewis, the owner, invested $142,000 cash, office equipment with a value of $15,500, and $81,000 of drafting equipment to launch the company. The company purchased land worth $59,500 for an office by paying $21,000 cash and signing a long-term note payable for $38,500. The company purchased a portable building with $44,500 cash and moved it onto the land acquired on June 2. The company paid $9,300 cash for the premium on an 18- month insurance policy The company completed and delivered a set of plans for a client and collected $14,600 cash. The company purchased $32,600 of additional drafting equipment by paying $20,000 cash and signing a long-term note payable for $12,600. The company completed $30,800 of engineering services for a client. This amount is to be received in 30 days. The company purchased $2,200 of additional office equipment on credit. The company completed engineering services for $26,200 on credit Impact on Equity 0 0 0 0 0 0 0 0 0 Prev 1 of 2 Next > Show less A