Question: Please be specific and answer the question in BIG BOLD numbers by itself and not hidden in a spread sheet. Thank you!! Please read the

Please be specific and answer the question in BIG BOLD numbers by itself and not hidden in a spread sheet. Thank you!!

Please read the instructions !!! Please be specific and answer the question in BIG BOLD numbers by

Evaluate each of the following transactions in terms of their effect on assets, liabilities, and equity. 1. Borrow $55,000 from a bank 2. Buy $14,000 worth of manufacturing supplies on credit What is the net change in Total Assets

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