Answer:
Each transaction leaves a different impact on each component of the accounting equation.
Explanation:
$60,000 is the owner's investment which is going to increase the equity
$15,000 worth of equipment will result in an increase in the owner's assets
Paying $1,500 will reduce the company's liabilities and also reduce current asset i.e. cash
Purchasing additional equipment for $10,000 will result in an increase in assets as the equipment will be coming to the business. On the other hand, it will also increase the company's liabilities as it is bought on credit.
The bill of $2,500 will increase assets
$8,000 bill will increase assets
Paying $6,000 for equipment will reduce cash and increase fixed assets.
Paying $3,000 cash as wages will reduce the amount of cash and eventually assets
Receiving $5,000 from the client will add more value to the assets
Paying $10,000 will reduce assets and liabilities.
Withdrawing $1,000 for personal use will adversely affect the equity
