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tableTransactions Number,Assets,tabletabletableLiabilitiesAccountsPayabletableEquity,,,,,,,,,,Cash,Supplies,Equipment,Land,,,,tableCommonStockDividends,Revenue,ExpensesabBalance after a and bcBalance after cdBalance after deBalance after e
QS Algo Identifying effects of transactions using accounting equationAssets and Liabilities LO P
The following transactions were completed by the company:
The owner invested $ cash in the company.
The company purchased supplies for $ cash.
The owner invested $ of equipment in the company in exchange for more common stock.
The company purchased $ of additional supplies on credit.
The company purchased land for $ 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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