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The following transactions were completed by the company. a. The owner (Alex Carr) invested $17,000 cash in the company. b. The company purchased supplies
The following transactions were completed by the company. a. The owner (Alex Carr) invested $17,000 cash in the company. b. The company purchased supplies for $1,000 cash. c. The owner (Alex Carr) Invested $11,000 of equipment in the company. d. The company purchased $300 of additional supplies on credit. e. The company purchased land for $10,000 cash. Required: Enter the impact of each transaction on individual items of the accounting equation (Enter decreases to account balances with a minus sign.) Cash a b + Ba . Assets Liabilities Equity Supplies Equipment Accounts 4 Land Payable A Carr Capital A. Carr Withdrawals Revenue Expenses + . " Bal . d Bal . . Bal
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