For each events (a) through (e) perform transaction analysis and indicate the account, amount, and direction of the effect on the accounting equation

The following events occurred for Favata Company: a. Received $18,500 cash from owners and issued stock to them. b. Borrowed $15,500 cash from a bank and signed a note due later this year. c. Bought and received $1,650 of equipment on account. d. Purchased land for $29,000; paid $2,700 in cash and signed a long-term note for $26,300 e. Purchased $11,500 of equipment; paid $2,700 in cash and charged the rest on account