The following events occurred for Johnson Company: a. Received investment of cash by organizers and distributed to them 1,170 shares of $1 par value common stock with a market price of $20 per share. b. Leased $7,700 of equipment, paying $1,700 in cash and signing a long-term right-of-use lease for the rest owed. c. Borrowed $10,000 cash from a bank. d. Loaned $800 to an employee who signed a note due in six months. e. Purchased $17,200 of land, paid $7,000 in cash and signed a note for the balance. Required: For each of the events (a) through (e), perform transaction analysis and indicate the account and amount. Check that the accounting equation remains in balance after each transaction. Note: Enter decreases to an element of the balance sheet with a minus sign. If no impact on accounting equation leave cells blank. Event a a b. b C C d d e e Cash Assets H E = # E E M # = Liabilities + + + + + + + + + + 114 Stockholders Equity

The following events occurted for Johnson Company: a. Recelved investment of cash by organizers and distrbuted to them 1170 shaces of $1 par value common stock with a market price of $20 per share. b. Leased $7700 of equipment, poying $1700 in cash and signing a long-term right-of use lease for the rest owed c. Bonowed $10000 cash from a bank d. Loaned $800 to an employee who signed a note due in six monthis. e. Purchased 517,200 of land paid 57000 in sath and signed a note for the balance: Required: For each of the events bo through (e. perform transaction analyis and indicate the sccount and amount Check that the accounting equation remains in balance after each transoction Note: Enter decreases to on element of the belonce sheet with o minus sign, If no impoct on occounting equation leave cells blank. The following events occurred for Johnson Company? a. Recelved investment of cash by orpanizers and distribuled to them tr7o shares or $1 par value common stock with a morket. price of $20 per share b teased $7700 of equpticent, paymg $1700 in cash and signing a long-term right-of-use lease for the rest owed. c. Borrowed $10000 cash from a bank. d. Loaned $800 to an employee who signed a rote due in six monthy e. Purchased $17200 of land, paid $7,000 incash and sioned o note for the balance: Required: For each of the events (a) through (c) perform tronsaction analysis and indicefe the account and ampunt Check that the accounting equation remains in balance affer each transaction, Note: Enter decreases to an element of the belance sheet with a minus sign. If no impoct on accounting equation leave cells blonk