Transactions: 1. New company start up: Owners invest $100,000 to buy shares from company 2. Company buys factory equipment for $20 000 Payment terms are net 30 days Asset life = 5 years and will be depreciated in the future using straight line depreciation 3. Company buys inventory for $100.000; Payment terms - 50% purchase: 50% net 30 days 4. Company borrows $50,000 from bank due in 5 years. 5 Company generates sales of $25,000 with a product cost of $40,000: Payment terms are net 30 days 6. Company records warranty expense of $5,000 to establish a warranty reserve for future claims 7. Company pays supplier for factory equipment purchased last month 8. Customer pays company for sales generated last month. 9. Company pays suppliers for inventory purchased last month 10. Company generates sales of $15,000 with a product cost of $10,000 Payment terms are net 30 days 11. Company records warranty expense of $2,000 to establish a warranty reserve for future claims. 12. Company records a bad debt receivables reserve of $2000 for potential uncolectible receivables 13. Company records first month of depreciation expense for factory equipment purchased last month Round to the nearest whole S amount 14. Company buys inventory for $15,000: Payment terms net 30 days. Note: AT-account table is provided for you to use to answer this question in Blackboard. After working through the T-accounts, the net balances for each of the Balance Sheet accounts Isted below must be populated/answered: Cash Net Receivables Inventory Fixed Assets Total Assets Accounts Payable Other Accrued Liabilities Debt Stockholders' Equity Total Liabilities & Stockholders' Equity