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Done < Ch. 1-Quz 6 Help Save&Exit Submit 7 The following transactions were completed by the company a. The owner invested $17,200 cash in the company in exchange for its common stock b. The company purchased supplies for $1050 cash c. The owner invested $11100 of equipment in the company in exchange for more common stock. d. The company purchased $310 of additional supplies on credit 4.28 The company purchased land for $10,100 cash. Required: Enter the impact of each transaction on individual items of the accounting equation. (Enter decreases to account balances with a minus sign.) Cash Supplies EquipmentLand Accounts Common Dividends + Revenue- Bal Bal <Prev 7of7 Ill Next >
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