158k views
5 votes
The following transactions were completed by the company.

a. The owner invested $16,200 cash in the company in exchange for its common stock.
b. The company purchased supplies for $800 cash. The owner invested $10,600 of equipment in the company in exchange for more common stock.
c. The company purchased $260 of additional supplies on credit.
d. The company purchased land for $9,600 cash.

Required:
Write down each transaction on individual items of the accounting equation.

User Akway
by
8.5k points

1 Answer

0 votes
C I guess..............
User Scrayne
by
7.5k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories