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The following transactions were completed by the company. a. The owner (Alex Carr) invested $17,800 cash in the company. b. The company purchased supplies
The following transactions were completed by the company. a. The owner (Alex Carr) invested $17,800 cash in the company. b. The company purchased supplies for $1,200 cash. c. The owner (Alex Carr) invested $11,400 of equipment in the company. d. The company purchased $340 of additional supplies on credit. e. The company purchased land for $10.400 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 Liabilities . Equity Cash Supplies Equipment . Land Accounts M A. Carr, Payable Capital A. Carr, Withdrawals + Revenue Expenses a . + 4 + b + + Ball + 1 C . 1 1 . Bal . d + + Bal B Ball + + # + + . + + + +
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