[The following information applies to the questions displayed below] Business Sim Corporation (BSC) entered into the following four transactions: (a) Issued 1,500 common shares to Kelly in exchange for $18,000. (b) Borrowed $39,000 from the bank, promising to repay it in two years. (c) Bought computer equipment by signing check number 101 in the amount of $44,000 and signing a promissory note for $5,000 due in six months. This loan contains a clause ("covenant") that requires Business Sim Corporation (BSC) to maintain a ratio of current assets to current liabilities of at least 2.1. (d) Received $900 of supplies and promised to pay for them in 30 days. Required: 1. Analyze the accounting equation effects of each of these four transactions. (Enter any decreases to account balances with a minus sign) b d d. Totals Assets 0 Liabilities 01+ Help Save & Exit Submit Stockholders' Equity Check my work