Pandey Inc. had the following activities during the month:

A. Borrowed $790.000 cash, signing a promissory note.

B. Bought a building for $980,000, paying $235,000 in cash and signing a promissory note for $745,000.

C. Rented equipment at a cost of $19,000 per month and issued a check covering six months rent.

D. Provided $150,000 01 services and billed customers.

E. Purchased $48,003 of supplies on account

F. Received a utility bill for the current period in the amount of $3,000.

G Raised sates prices on 200 units from $450 per unit to $530 per unit

H. Received a 50% deposit from a customer on a 538.000 order to be tilled next month.

Required:

Analyze the events listed below by including the accounts and amounts involved in the table below. In the column labeled "+/-m, select the sign that describes how the accounting equation is affected. If the event should not to be recorded as a transaction, leave it blank (Enter all amounts as positive values.)

Transcribed Image Text:

A B с D E F G H Assets Liabilities Stockholders' Equity A B с D E F G H Assets Liabilities Stockholders' Equity