47) Given the following information, show the change in the accounting equation. A.Deanne invests $45,000 and $10,000 of office equipment into the business. B.Furniture is purchased for $8,000...

47) Given the following information, show the change in the accounting equation.

A.Deanne invests $45,000 and $10,000 of office equipment into the business.

B.Furniture is purchased for $8,000 cash.

C.Supplies are purchased on credit for $2,300.

D.The month’s electric bill $775 was paid.

E.The month’s cash sales were $5,000.

48) The following amounts are the ending balances for Graphic Design Corporation.

Calculate total assets, total liabilities, and total shareholders' equity.