Required Information PB9-3 (Algo) Analyzing and Recording Long-Lived Asset Transactions with Partlal-Year Depreclation [LO 9-2,...
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Required Information PB9-3 (Algo) Analyzing and Recording Long-Lived Asset Transactions with Partlal-Year Depreclation [LO 9-2, LO 9-3, LO 9-6] [The following information applies to the questions displayed bolow] Randy's Restaurant Company (RRC) enteted into the following transactions during a recent year. Apr11 1 Purchased equipment (a new walk-in cooler) for $6,400 by paying $1,700 cash and signing a $4, 700 note due in six months: April 2 Enhenced the equipent (by replacing the air-condiciening systeo in the walk-in cooler) at a cost of 53 , roo, purchated on account. April so wrote-a check for the anount oued on account for the work conpleted on April 2 . May 1A local carpentry compary repaired the restaurant's front door, for which beck wete a check for the full sisa cost, June 1 pald $10,000 cash for the rights to use the nane and store concept created by a different restaurant that has been succestrul in the region. PB9-3 (Algo) Part 1-a Required: 1-a. Complete the table below, indicating the account, amount and direction of the effect for the above transactions. (Enter any decreases to Assets, Llabilities, or Stockholders' Equity with a minus sign.)

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