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The following information applies to the questions displayed below.) Rawlco Communications operates 10 radio stations. The following events occurred during September. a. Placed an

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The following information applies to the questions displayed below.) Rawlco Communications operates 10 radio stations. The following events occurred during September. a. Placed an order for office supplies costing $2,300. Supplier intends to deliver later in the month. b. Purchased equipment that cost $28,000: paid $12,000 cash and signed a promissory note to pay $16,000 in one month. c. Negotiated and signed a one-year bank loan, and then deposited $6,000 cash in the company's checking account. d. Hired a new finance manager on the last day of the month. e. Received an investment of $8,000 cash from the company's owners in exchange for issuing common shares. Supplies [ordered in (a)] were received, along with a bill for $2,300. Required: 1. Indicate the specific account, amount, and direction of effects for each transaction on the radio station's accounting equation. If an event is not considered a transaction, leave the account, amount and direction of effects blank. (Enter any decreases to account balances with a minus sign.) a b. Cash b. Equipment C. Cash d. Cash f. Supplies Totals Assets Answer is not complete. Liabilities (12,000) - Notes Payable (short-term) 16,000 28,000 = 5,000 = Notes Payable (short-term) = 6,000+ 00 8,000- 2,300 = 32,300 Accounts Payable + Common Stock 2.300+ 24.300 Stockholders' Equity

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