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The following transactions were completed by the company. a. The owner invested $19,000 cash in the company in exchange for its common stock. b. The

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The following transactions were completed by the company. a. The owner invested $19,000 cash in the company in exchange for its common stock. b. The company purchased supplies for $1,500 cash. c. The owner invested $12,000 of equipment in the company in exchange for more common stock d. The company purchased $400 of additional supplies on credit. e. The company purchased land for $11,000 cash Required Enter the impact of each transaction on individual items of the accounting equation. (Enter decreases to account balances with a minus sign.) Assets Equity Liabilities Accounts Commorn Stock Cash +SuppliesEquipmentLand - Dividends Revenue sExpenses Bal Bal.$

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