$9-26.$ Martha Engel started up a new nonprofit organization named Concern for Animal Shelter and Habitats

$($CASH$).$ The organization places homeless animals permanent homes. Transactions during the first month of operations were as follows:

$$CASH borrowed $$50,000$ from a local bank. No interest is due on the loan during the first month, and the principal does not have to be paid back for $2$ years.

$$CASH signed a contract with a local carpenter to build a fence to enclose the back yard. The carpenter charges $$250$ per hour and expects the fence to take $10$ hours to complete. He expects to begin work next month.

$$CASH bought $50$ bags of dog food and $25$ bags of cat food. Dog food costs $$20$ per bag, while cat food costs $$30$ per bag. The pet food was bought on credit $($i$.$e$.,$ CASH has not yet paid for the supplies$).$

$$CASH bought a sign to hang in front of its building. The sign cost $$5,000$ and CASH paid for it when it was received.

$$CASH purchased and received an office computer, server, printer, and copier. The total cost of the equipment was $$10,000,$ half of which was paid and the other half was still owed.

$$Show the impact of these transactions on the fundamental equation of accounting. $($Optional:$$Show journal entries using debits and credits. See Appendix $9-$A$.)$