Recording transactions with the accounting equation during the year, the riley company experienced the following accounting transactions: purchased equipment with cash in the amount of $165,000. purchased supplies on account in the amount of $15,000. collected $19,500 cash from customers. paid a cash dividend of $11,000. using the accounting equation, record each of the transactions in columnar format using the following template: note: use negative signs with your answers, when appropriate. assets = liabilities + stockholders' equity cash + accounts receivable + supplies + equipment = accounts payable + retained earnings answer + answer + answer + answer = answer + answer answer + answer + answer + answer = answer + answer answer + answer + answer + answer = answer + answer answer + answer + answer + answer = answer + answer