Use the drop down boxes to determine the impact of the accounting equation

transaction 11 14 Jan. OJan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 1 Tom and Jerry each contributed 200,000 in exchange for Common Stock of the TJ Corporation, The company purchased equipment worth $20,000 by putting down a 10% payment in cash and taking out a 10-month note 1 payablefor the balance. 2 The company prepaid 12 months of rent for $24,000 3 Thecompany purchased supplies for $1,800. 4 Thecompany purchsed prepaid insurance for $2,400 for a 6-month policy. IS The company received $30,000 for 20 servicejobs to be completed in the future 16 The company decided theywere goingto hire an employee for $25 per hour 17 Thecompany performed services worth $8,000 on account (not related to the transaction on Jan 15). 24 The company incurred legal feesworth $1,500 on account. 29 The company declared and paid a dividend of $800 in total ($400 to each shareholder) Use the drop down boxes to determine the impact of the accounting equation 17