$15.$ Can a business enter into a transaction in which only the left side of the basic accounting equation is affected? If so$,$ give an example.

$$

$16.$ Are the following events recorded in the accounting records? Explain your answer in each case.

$$

The president of the company dies.

$$

Supplies are purchased on account.

$$

An employee is fired.

$$

$$

$17.$ Indicate how the following business transactions affect the basic accounting equation.

$$

Paid cash for janitorial services.

$$

Purchased equipment for cash.

$$

Received cash in exchange for ordinary shares.

$$

Paid accounts payable in full.