Question: Please help me figure out where I went wrong here. TYIA M2-9 (Static) Determining Financial Statement Effects of Several Transactions [LO 2-2] Required: The following
Please help me figure out where I went wrong here. TYIA

M2-9 (Static) Determining Financial Statement Effects of Several Transactions [LO 2-2] Required: The following are the transactions of Spotlighter, Incorporated, for the month of January. For each transaction, indicate the accounts, amounts, and direction of the effects on the accounting equation. A sample is provided. (Enter any decreases to account balances with a minus sign.) a. (Sample) Borrowed $3,940 from a local bank on a note due in six months. b. Received $4,630 cash from investors and issued common stock to them. c. Purchased $1,000 in equipment, paying $200 cash and promising the rest on a note due in one year. d. Paid $300 cash for supplies. e. Bought and received $700 of supplies on account
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