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table [ [ Transactions Number,Assets, table [ [ table [ [ = ] , [ = ] ] ] ] ,

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\table[[Transactions Number,Assets,\table[[\table[[=],[=]]]],\table[[Liabilities],[Accounts],[Payable]],\table[[,Equity,,,,,,,,,,],[,Cash,+,Supplies,+,Equipment,+,Land,,,,\table[[Common],[Stock]],-,Dividends,+,Revenue,-,Expenses],[a.,,+,,+,,+,,=,,+,,-,,+,,-,],[b.,,+,,+,,+,,=,,+,,-,,+,,-,],[Balance after a and b,0,+,0,+,0,+,0,=,0,+,0,-,0,+,0,-,0],[c.,,+,,+,,+,,=,,+,,-,,+,,-,],[Balance after c,0,+,0,+,0,+,0,=,0,+,0,-,0,+,0,-,0],[d.,,+,,+,,+,,=,,+,,-,,+,,-,],[Balance after d,0,+,0,+,0,+,0,=,0,+,0,-,0,+,0,-,0],[e.,,+,,+,,+,,=,,+,,-,,+,,-,],[Balance after e,0,+,0,+,0,+,0,=,0,+,0,-,0,+,0,-,0]]]]
QS 1-11(Algo) Identifying effects of transactions using accounting equationAssets and Liabilities LO P1
The following transactions were completed by the company:
The owner invested $17,000 cash in the company.
The company purchased supplies for $1,000 cash.
The owner invested $11,000 of equipment in the company in exchange for more common stock.
The company purchased $300 of additional supplies on credit.
The company purchased land for $10,000 cash.
Required:
Enter the impact of each transaction on individual items of the accounting equation.
Note: Enter decreases to account balances with a minus sign.
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