Question: 1A-2. Record the following transactions in the basic accounting equation. Treat each one separately. Assets = Liabilities + Owners Equity a. Matty invests $130,000 in
1A-2. Record the following transactions in the basic accounting equation. Treat each one separately. Assets = Liabilities + Owners Equity a. Matty invests $130,000 in company. b. Bought equipment for cash, $1,100. c. Bought equipment on account,
1A-2. Record the following transactions in the basic accounting equation. Treat each one separately. Assets = Liabilities + Owners Equity a. Matty invests $130,000 in company. b. Bought equipment for cash, $1,100. c. Bought equipment on account, $950.
| ASSETS | = | LIABILITIES | + | OWNER'S EQUITY | ||
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