a b. b. Required: Indicate the specific account, amount, and direction of effects for each transaction on the accounting equation. If an event is not considered a transaction, leave the account, amount and direction of effects blank. (Enter any decreases to account balances with a minus sign.) Recommendation - Click on the Hint link and watch the guided example for this question. It shows the process of analyzing an event, to determine if it is a transaction that impacts the accounting equation, and if so, what the impact is to the various accounts involved. The video also reviews the corresponding journal entry, but that is not required for this question. CAUTION - The guided examples are a great study resource to help you learn the material, but they will not be available on the exam so make sure you are able to do these questions independently. C. d. 8. Required information Rawlco Communications operates 15 radio stations. The following events occurred during September. f. a. Placed an order for office supplies costing $2,800. The supplies will be delivered later in the month. b. Purchased equipment that cost $33,000; paid $15,000 cash and signed a promissory note to pay $18,000 in one month. c. Borrowed $7,000 from the bank that will be paid back in one year. d. Hired a new finance manager who will start work next month. e. Received an investment of $13,000 cash from the company's owners in exchange for issuing common shares. f. Supplies [that were ordered in (a)] were received, along with a bill for $2,800. Totals Assets = HO H Liabilities + + Stockholders' Equity