Indicate the Effects of the Following Transactions on the Balance $\text { Transaction letter\quad\quad\quad Assets } \quad\quad=\quad \quad\text { Liabilities } \quad\quad+\quad\quad \text { Shareholders' equity }$

Indicate the effects of the following transactions on the balance sheet equation, using the format:
$\text { Transaction letter\quad\quad\quad Assets } \quad\quad=\quad \quad\text { Liabilities } \quad\quad+\quad\quad \text { Shareholders' equity }$

a. Issued 20,000 shares of $\$ 0.10$ par value common stock for $\$ 100,000$ .
b. Issued 5,000 shares of $\$ 0.10$ par value common stock in full payment for land worth $\$ 25,000$ to be used as a future building site.
c. Acquired equipment costing $\$ 7,500$ for a cash payment of $\$ 700$ with the balance payable over the next five years.
d. Paid $\$ 1,000$ for rent for the next two months.
e. Completed a consulting job and invoiced the client for $\$ 5,000$ , payable in 30 days.
f. Ordered office supplies for the office, totaling $\$ 225$ .
g. Purchased a three-year fire insurance policy and pays in advance $\$ 3,000$ .
$\mathrm{h}$ . Received payment from the client for services rendered in (e) above.
i. Received the office supplies. The invoice indicates payment is due within 10 days.
j. Issued a check for the office supplies purchased in (i) above.