How do I fill out this accounting transaction form based on the transactions listed above? Required informationPerformance Plastics Company (PPC) has been operating for three years. The beginning account balances areCash$ 35,000Accounts ReceivableInventorySuppliesNotes Receivable (due in three years)EquipmentBuildings5,00040,0005,0002,00080,000120,00030,00037,000৪০, 0০০150,00050,000LandAccounts PayableNotes Payable (due in three years)Common StockRetained EarningsncesDuring the year, the company had the following summarized activities:a. Purchased equipment that cost $21,000; paid $5,000 cash and signed a two-year note for the balance.b. Issued an additional 2,000 shares of common stock for $20,000 cash.c. Borrowed $50,000 cash from a local bank, payable June 30, in two years.d. Purchased supplies for $4,000 cash.e. Built an addition to the factory buildings for $41,000; paid $12,000 in cash and signed a three-year note for the balance.f. Hired a new president to start January 1 of next year. The contract was for $95,000 for each full year worked.Required:1 2 3 4Next >McGrawHillducationPrevof 416 AppendiXi ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=D0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activi... *Ch2 Homework ASavedHelpSave & ExitSubmita. Purchased equipment that cost $21,000; paid $5,000 cash and signed a two-year note for the balance.b. Issued an additional 2,000 shares of common stock for $20,000 cash.c. Borrowed $50,000 cash from a local bank, payable June 30, in two years.d. Purchased supplies for $4,000 cash.e. Built an addition to the factory buildings for $41,000; paid $12,000 in cash and signed a three-year note for the balance.f. Hired a new president to start January 1 of next year. The contract was for $95,000 for each full year worked.1Part 1 of 4Required:1points1. Analyze transactions (a)-(f) to determine their effects on the accounting equation. (Enter any decreases to account balances with aminus sign.)eBookPrintAssetsLiabilitiesStockholders' EquityReferencesa.b.C.d.e.f.McGrawHill< Prev1 2 34.of 4Next >16PMacBook Pro

Name: How do I fill out this accounting transaction form based on the transa
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Description: How do I fill out this accounting transaction form based on the transactions listed above? Required informationPerformance Plastics Company (PPC) has been operating for three years. The beginning account balances areCash$ 35,000Accounts ReceivableInv