The following transactions were completed by the company. a. The owner (Alex Carr) invested $17,400...
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Accounting
The following transactions were completed by the company. a. The owner (Alex Carr) invested $17,400 cash in the company. b. The company purchased supplies for $1,100 cash. c. The owner Alex Carr) 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 = + Liabilities Accounts Payable Equity A.Carr, + Revenue - Expenses Withdrawals Cash + Supplies + Equipment + Land A. Carr, Capital + + + + + + + + + + + + + + + + + + + + + + Bal. + + + + + + + + Bal. + + + +
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