During 2012, Intel entered into the transactions listed below

a. On a separate sheet of paper, complete the following chart to show the effect of these transactions on the accounting equation and compute the net effect (dollars in millions).

b. Which one of the transactions did not appear to affect the accounting equation? Why didn’t it? During 2012, The Limited entered into the transactions listedbelow.

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Transaction Assets Liabilities+ Shareholders' Equity 1. Paid $11,027 to purchase property, plant, and equipment. 2. Issued common stock for $2,111 3. Recorded depreciation of $6,357. Net effect