?E$2-10($Algo$)$ ?Analyzing Accounting Equation Effects, Recording Journal Entries, and Summarizing Financial Statement Impact $[$LO $2-2,$ ?LO $2-3,$ ?LO $2-4]$

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Picture Perfect operates $10$ ?photography studios. The following events occurred during September.

Placed an order for office supplies costing $$2,100.$ ?Supplier intends to deliver later in the month.

Purchased equipment that cost $$26,000$; paid $$12,000$ ?cash and signed a promissory note to pay $$14,000$ ?in one month.

Negotiated and signed a one$-$year bank loan, and then deposited $$6,000$ ?cash in the company$$s checking account.

Hired a new finance manager on the last day of the month.

Received an investment of $$14,000$ ?cash from the company$$s owners in exchange for issuing common shares.

Supplies $[$ordered in $($a$)]$ ?were received, along with a bill for $$2,100.$

E$2-10($Algo$)$ ?Part $1$

Required:

Indicate the specific account, amount, and direction of effects for each transaction on the photography studio's 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.$)$