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Rawico Communications operates 15 radio stations. The following events occurred during September a Placed an...

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Accounting

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Rawico Communications operates 15 radio stations. The following events occurred during September a Placed an order for office supplies costing $2,000. Supplier intends to deliver later in the month. b. Purchased equipment that cost $30,000; paid $10,000 cash and signed a promissory note to pay $20,000 in one month c Negotiated and signed a one-year bank loan, and then deposited $5,000 cash in the company's checking account d. Hired a new finance manager on the last day of the month. e. Received an investment of $10,000 cash from the company's owners in exchange for issuing common shares Supplies (ordered in (al] were received, along with a bill for $2,000. Required: 1. Indicate the specific account, amount, and direction of effects for each transaction on the radio station's accounting equation. If an event is not considered a transaction, leave the account, amount and direction of effects blank (Enter any decreases to account balances with a minus sign.) Assets Liabilities Stockholders' Equity 3 b I d. 1 Totals

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