Chapter 01 - Learning Exercise Save A 100 Check my work 1 The following transactions were completed by the company. 0.62 points 3. The owner invested $15,000 cash in the company in exchange for its common stock. . The company purchased supplies for $500 cash. c. The owner invested $10,000 of equipment in the company in exchange for more common stock. 1. The company purchased $200 of additional supplies on credit 2. The company purchased land for $9,000 cash, eBook Hint Required: Enter the impact of each transaction on individual items of the accounting equation (Enter decreases to account balances with a ninus sign.) Print References Assets Liabilities Accounts Payable Equity Dividends + Cash Supplies Equipment Land Revenue Expens Common Stock $ 15,000 + + + a. $ + + b 15,000 + (500) 14.500 + $ + 500 500 0 0 + 0 0 Bal . + $ 0 10.000 + 10,000 . 15,000 10,000 - 25,000 - C !!!!!!! 0 0 0 Bal 14,500 + 500 - + d. $ 0 + 2001 - 200 0 0 0 Bal. 500 25,000 - 10,000 + 14,500 + 19.000 + + + $ 9,000 - Chapter 01 - Learning Exercise Save A 100 Check my work 1 The following transactions were completed by the company. 0.62 points 3. The owner invested $15,000 cash in the company in exchange for its common stock. . The company purchased supplies for $500 cash. c. The owner invested $10,000 of equipment in the company in exchange for more common stock. 1. The company purchased $200 of additional supplies on credit 2. The company purchased land for $9,000 cash, eBook Hint Required: Enter the impact of each transaction on individual items of the accounting equation (Enter decreases to account balances with a ninus sign.) Print References Assets Liabilities Accounts Payable Equity Dividends + Cash Supplies Equipment Land Revenue Expens Common Stock $ 15,000 + + + a. $ + + b 15,000 + (500) 14.500 + $ + 500 500 0 0 + 0 0 Bal . + $ 0 10.000 + 10,000 . 15,000 10,000 - 25,000 - C !!!!!!! 0 0 0 Bal 14,500 + 500 - + d. $ 0 + 2001 - 200 0 0 0 Bal. 500 25,000 - 10,000 + 14,500 + 19.000 + + + $ 9,000