transaction alanysis

The following events occurred for Favata Company a. Received $12,500 cash from owners and issued stock to them. b. Borrowed $9,500 cash from a bank and signed a note due later this year. c. Bought and received $1,050 of equipment on account Purchased land for $17,000; paid $1.500 in cash and signed a long-term note for $15,500 Purchased $5,500 of equipment, paid $1,500 in cash and charged the rest on account d. Required: For each of the events () through (e), perform transaction analysis and indicate the account, amount, and direction of the effect (+ for increase and for decrease) on the accounting equation (Enter any decreases to account balances with a minus sign.) Assets Liabilities a b. C.