Required information E2-10 (Algo) Analyzing Accounting Equation Effects, Recording Journal Entries, and Summarizing Financial Statement Impact [LO 2-2, LO 2-3, LO 2-4] [The following information applies to the questions displayed below.] Rawlco Communications operates 15 radio stations. The following events occurred during September. a. Placed an order for office supplies costing $2,600. Supplier intends to deliver later in the month. b. Purchased equipment that cost $31,000; paid $18,000 cash and signed a promissory note to pay $13,000 in one month. c. Negotiated and signed a one-year bank loan, and then deposited $7,000 cash in the company's checking account. d. Hired a new finance manager on the last day of the month. e. Received an investment of $11,000 cash from the company's owners in exchange for issuing common shares. f. Supplies [ordered in (a) ] were received, along with a bill for $2,600. E2-10 (Algo) Part 1 E2-10 (Algo) Analyzing Accounting Equation Effects, Recording Journal Entries, and Summarizing Financial Statement Impact [LO 2-2, LO 2-3, LO 2-4] [The following information applies to the questions displayed below.] Rawlco Communications operates 15 radio stations. The following events occurred during September. a. Placed an order for office supplies costing $2,600. Supplier intends to deliver later in the month. b. Purchased equipment that cost $31,000; paid $18,000 cash and signed a promissory note to pay $13,000 in one month. c. Negotiated and signed a one-year bank loan, and then deposited $7,000 cash in the company's checking account. d. Hired a new finance manager on the last day of the month. e. Received an investment of $11,000 cash from the company's owners in exchange for issuing common shares. f. Supplies [ordered in (a)] were received, along with a bill for $2,600. E2-10 (Algo) Part 1 Required: 1. Indicate the specific account, amount, and direction of effects for each transaction on the radio station'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.) Journal entry worksheet 5 Placed an order for office supplies costing $2,600. Supplier intends to deliver later in the month. Record the transaction. Note: Enter debits before credits. Journal entry worksheet 56 Purchased equipment that cost $31,000; paid $18,000 cash and signed a promissory note to pay $13,000 in one month. Record the transaction. Note: Enter debits before credits. Journal entry worksheet 6 Negotiated and signed a one-year bank loan, and then deposited $7,000 cash in the company's checking account. Record the transaction. Note: Enter debits before credits. Journal entry worksheet