Requlred Information [The following informotion opplies to the questions disployed below] Business Sim Corporation (BSC) entered into the following four transoctions: (a) lssued 1,500 common shares to Kelly in exchange for $23,000. (b) Borrowed $44,000 from the bonk, promising to repoy it in two years. (c) Bought computer equipment by signing check number 101 in the amount of $49,000 and signing a promissory note for $7,000 due in six months. This loan conteins a clause ("covenant") that requires Business Sim Corporation (BSC) to maintain a ratio of current assets to current liabilities of ot least 22 (c) Received $1,150 of supplies and promised to pay for them in 30 days. Requlred: 1. Analyze the accounting equation effects of eoch of these four tronsoctions. (Enter any decreases to account balances with a minus sign.) Requlred Information [The following informotion opplies to the questions disployed below] Business Sim Corporation (BSC) entered into the following four transoctions: (a) lssued 1,500 common shares to Kelly in exchange for $23,000. (b) Borrowed $44,000 from the bonk, promising to repoy it in two years. (c) Bought computer equipment by signing check number 101 in the amount of $49,000 and signing a promissory note for $7,000 due in six months. This loan conteins a clause ("covenant") that requires Business Sim Corporation (BSC) to maintain a ratio of current assets to current liabilities of ot least 22 (c) Received $1,150 of supplies and promised to pay for them in 30 days. Requlred: 1. Analyze the accounting equation effects of eoch of these four tronsoctions. (Enter any decreases to account balances with a minus sign.)