The following transactions were completed by the company. a. The owner invested $17,400 cash in the company. b. The company purchased supplies for $1,100 cash. c. The owner invested $11,200 of...

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Extracted text: The following transactions were completed by the company. a. The owner invested $17,400 cash in the company. b. The company purchased supplies for $1,100 cash. c. The owner invested $11,200 of equipment in the company. d. The company purchased $320 of additional supplies on credit. e. The company purchased land for $10,200 cash. Required: Enter the impact of each transaction on individual items of the accounting equation. (Enter decreases to account balances with a minus sign.) Assets Transactions Number Cash Supplies Equipment Land + a. + b. + Balance after a and b = С. + Balance after c + d. + Balance after d + + + e. + + Balance after e + + +


Extracted text: 's on is of %3D Liabilities + Equity Accounts Owner, Owner, Revenue Expenses %3D Payable Capital Withdrawals %3D %D %3D %D + + %3D + + + + + + + + + + II II II