Record the following transactions using the accounting equation format (use table below). Make sure to put the amount in the correct column and indicate if the account increases (+) or decreases (-). Only record the journal entry, do not update account totals. a. The owner of the company invested $3,000 in cash.b. The company purchased inventory for $300 on credit.c. The company purchased equipment for $2,000 cash.d. The company sold services to a customer for $400 on credit.e. The company collected $200 from a customer who had previously purchased goods on credit

a. The owner of the company invested $3,000 in cash. b. The company purchased inventory for $300 on credit. c. The company purchased equipment for $2,000 cash. d. The company sold services to a customer for $400 on credit. e. The company collected $200 from a customer who had previously purchased goods on credit. Cash Assets Accounts Inventory Receivable = Liabilities + Equipment Accounts Payable Equity Owner's Capital Revenues - oo