Soved

Anouired:

The following are the transactions of Spotlighter, Incorporated, for the month of January. For each transaction, indicate the accounts, $??$mats and direction of the effects on the accounting equation. A sample is provided. $($Enter any decreases to account balances with a minus sign.$)$

a comple$)$ ?Borrowed $$4\mathrm{.}240$ ?from a local bank on a note due in six months.

A Fecerved $$4,930$ ?cash from investors and issued common stock to them.

c Purchased $$1,300$ ?in equipment, paying $$350$ ?cash and promising the rest on a note due in one year.

d Paid $$450$ ?cash for supplies.

e sought and received $$850$ ?of supplies on account.

$\backslash$table$[[,$Assets,,$=,,,+,$Stockholders' Equiry,$],[$a$,$Cash,$4,240,=,$Notes Payable $($short$-$term$),4,240,+,,],[0,$Accounts Receivable,$4,930,=,$Accounts Payable,$0,+,$Accumulated Amortization,$4390],[$c$,$Accumulated Depreciation,$(350),=,$Accounts Payable,$1,300,+,$Accumulated Amortization,$98],[$c$,$Accounts Payable,$(350),=,$Accumulated Amortization,$1,300,+,$Accumulated Amortization,$525],[$d$,$Accounts Payable,$450,=,$Accumulated Amortization,,$+,,],[$d$.,,,=,,$Show All Items,$?,,],[$e$,,,=,,,+,,]]$

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