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with a minus sign.) UOBILES 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. Pald $300 cash for supplies e. Bought and received $700 of supplies on account Assets Stockholders' Equity 3.940 - - 8001 - a Cash b. Cash c. Equipment C Cash d. Supplies d Cash e Supplies Liabilities 3,940 - Notes Payable (short-term) 4,630 = 1.000 - Notes Payable (short-term) (200) 300 = (300) 700 = Accounts Payable . - .. 700- 3,940 from a local bank on a note duo in six months. h from investors and issued common stock to them. equipment, paying $200 cash and promising the rest on a note due in one year, upplies $700 of supplies on account Assets Stockholders' Equity 3.940 Liabilities 3,940 = Notes Payable (short-term) 4,6301 1,000) Notes Payable (short-term) (200) 300 (300) 700 = Accounts Payable ++ - 8001 - ++ 7001 -