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The following transactions were completed by the company. The owner (Alex Carr) invested $16,000 cash in the company. The company purchased supplies for $750 cash.

The following transactions were completed by the company.

  1. The owner (Alex Carr) invested $16,000 cash in the company.
  2. The company purchased supplies for $750 cash.
  3. The owner (Alex Carr) invested $10,500 of equipment in the company.
  4. The company purchased $250 of additional supplies on credit.
  5. The company purchased land for $9,500 cash.

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Enter the impact of each transaction on individual items of the accounting equation.(Enter decreases to account balances with a minus sign.)

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