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I am missing something in four problems. See # 1 1800 The following event occurs...

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Accounting

I am missing something in four problems. See # 1 1800

The following event occurs for Johnson Company

  1. Received investment of cash by organizers and distributed to them 1,000 shares of $1 par value common stock with a market price of $40 per share.
  2. Purchased $15,000 of equipment, paying $3,000 in cash and owing the rest on accounts payable manufufactures.
  3. Borrowed $10, 000 cash from bank.
  4. Loaned $800 to an employee who signed a note.
  5. Purchased $13,000 of land: paid $4,000 in cash and signed a mortgage note for the balanc

Required

For each of the events (a) through(e). perform transaction analysis and indicate the account, amount and indicate the account and direction of the (+ for increase and -for decrease) on the accounting equation. Check that the accounting equation remains in balance after each transaction.

Note the answer on website is also missing something.

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