Answer and Explanation:
The indication of the account, amount and the direction of the effect are as follows
As we know that
Accounting equation is
Total assets = Total liabilities + stockholder equity
Based on this, the indication and the direction aare as follows
Assets = Liabilities + Stockholders' Equity
A) $13,000 = 0 + $13,000
It increased both the assets and the stockholder equity i.e capital
B) $10,000 = $10,000 + 0
It increased both the assets and the liabilities
C) $1,100 = $1,100 + 0
It increased both the assets and the liabilities
D) +$18,000 -$1,600 = $16,400 + 0
It increased the land by $18,000 and decreased the cash by $1,600 and at the same time it increased the liabilities by $16,400
E) +$6,000 -$1,600 = $4,400 + 0
It increased the equipment by $6,000 and decreased the cash by $1,600 and at the same time it also increased the liabilities by $4,400
Total $44,900 = $31,900 + $13,000
