Analyze the following transactions and show their effects

on the #131
Analyze the following transactions and show their effects on the basic accounting equation, by
preparing a table like the one in Exhibit 2-8:a. Received $150,000 from investors buying shares
in the company.b. Bought land for $50,000. Paid half in cash, with the remainder to be paid in
six months.c. Bought inventory costing $45,000, on account.d. Sold inventory costing $35,000
to customers, on account, for $52,000.e. Paid $1,000 of taxes that were owed from the previous
period.f. Borrowed $25,000 from a bank. The interest on the loan is 6% per year.g. Depreciated
equipment by $1,200.h. Paid $750 for supplies to be used in the future.i. Paid $250 to the power
company for electricity used during the period,j. Declared and paid dividends of $8,000.View
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Analyze the following transactions and show their effects on the

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