Determine if has effect on the specific items such as cash

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Problem 1: For each of the following events, determine if it has an effect on the specific items such as cash in accounting equation. For the events that do have an effect present an analysis of the transaction showing its two sides or dual nature.

a) purchased equipment for cash, 12 000
b) purchased a truck for 40 000, signed a note with no interest promising payment in 10 days.
c) paid 1600for the current months utilities.
d) paid for the truck purchased in (b)
e) employed Mary Childers as a salesperson at 1200 per month. She is to start work next week.

Reference no: EM132776638

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