Business, 02.09.2020 05:01 janellylancon623

a. The owner invested $18,000 cash in the company in exchange for its common stock. b. The company purchased supplies for $1,250 cash. c. The owner invested $11,500 of equipment in the company in exchange for more common stock. d. The company purchased $350 of additional supplies on credit. The company purchased land for $10,500 cash. Required:Write down the impact of each transaction on individual items of the accounting equation.

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a. The owner invested $18,000 cash in the company in exchange for its common stock. b. The company p...