The following events occurred for Mitka Ltd a. Received investment of $33,600 cash by organizers b. Purchased land for $21,200; paid $7,600 in cash and signed a mortgage note with a local bank for the balance (due in five years) c Borrowed cash from a bank and signed a note for $12,600 d Lent $1,900 to an employee who signed a note due in three months e Paid the bank the amount borrowed in (c) Purchased $11,200 of equipment, paying $5,600 in cash and signing a note due to the manufacturer Required: For each of the events (ch through (1. perform transaction analysis and indicate the account, amount and direction of the effects on the accounting equation. Check that the accounting equation remains in balance after each transaction (Enter decreases to account balances with a minus sign.) Event Assets Llabilities Sharuldas Equity a b d e The following events occurred for Mitka Ltd a Received investment of $33,600 cash by organizers b. Purchased land for $21.200 paid $7600 in cash and signed a mortgage note with a local bank for the balance (due in five years). c Borrowed cash from a bank and signed a note for $12,600 d Lent $1.900 to an employee who signed a note due in three months. e Paid the bank the amount borrowed in (c) Purchased $11.200 of equipment, paying $5,600 in cash and signing a note due to the manufacturer Required: For each of the events (a) through (n. perform transaction analysis and indicate the account, amount, and direction of the effects on the accounting equation Check that the accounting equation remains in balance after each transaction (Enter decreates to account balances with a minus sign.) Event ASSOS Liabilities Shareholders Contributed capital a 33600 Cash hand 33 600 21 200 b d