The following events occurred for Johnson Company:

a.	Received investment of $43,000 cash by organizers and distributed 1,050 shares of $1 par value common stock to them.
b.	Purchased $7,700 of equipment, paying $1,800 in cash and signing a note for the rest.
c.	Borrowed $9,000 cash from a bank.
d.	Loaned $1,300 to an employee who signed a note.
e.	Purchased $24,000 of land; paid $9,000 in cash and signed a mortgage note for the balance.

Required:

For each of the events (a) through (e), perform transaction analysis and indicate the account, amount, and direction of the effect (+ for increase and ? for decrease) on the accounting equation. Check that the accounting equation remains in balance after each transaction. (If no impact on accounting equation leave cells blank.)

Transaction Assets Liabilities Stockholders' Equity