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Enter the impact of each transaction on individual items

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Reference no: EM133553318

Question: The following transactions Identify the type of activity by choosing the best answer for each question. Select each item listed below as being an identifying, recording, or a communicating activity.were completed by the company: The owner invested $17,400 cash in the company. The company purchased supplies for $1,100 cash. The owner invested $11,200 of equipment in the company in exchange for more common stock. The company purchased $320 of additional supplies on credit. The company purchased land for $10,200 cash.

Required: Enter the impact of each transaction on individual items of the accounting equation. Note: Enter decreases to account balances with a minus sign.

Reference no: EM133553318

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