S 1-11 (Static) Identifying effects of transactions using accounting equation-Assets and Liabilities LO P1 The following transactions were completed by the company: a. The owner invested $15,000 cash in the company in exchange for its common stock. b. The company purchased supplies for $500 cash. c. The owner invested $10,000 of equipment in the company in exchange for more common stock. d. The company purchased $200 of additional supplies on credit. e. The company purchased land for $9,000 cash. Required: Enter the impact of each transaction on individual items of the accounting equation. (Enter decreases to account balances with a minus sign.) Assets Transactions Number Cash 4 Supplies Equipment Land 8. + + Liabilities Accounts Payable 4 Common Stock Dividends = + Equity Revenue Expense b. + - + Balance after a and b 0 c. ++ . 0 . 0 = 01 + 0 D - 0 - " + Balance after c 0 . + d. Balance after d 0 + 0 + 0 0 + . 0 + o . 0 + 0 = 01 + D 0. 4 + + + Balance after e $ 0 + $ D + $ 0 + $ = $ 0+ $ 0 $ 0. $ - $ 0