The following transactions were undertaken by Huntington Services during the month of March 2025. Ignore GST.

1. Invoiced a client for providing advice on current employment legislation, $1800.

2. Paid salaries to staff, $4300.

3. Paid an annual subscription for access to an online data base of employment legislation until the end of February 2026.

4. Received $3000 from a client for employing staff for them in February.

5. H. Huntington invested a further $25 000 additional capital into the business to ensure it has sufficient cash to continue operations.

6. Purchased new office furniture and equipment on credit for $8 500.

7. Invoiced a client for $9000 for providing advice regarding an industrial dispute they had with their employees.

8. Paid $640 electricity account the day the account was received.

9. Paid the firm’s lawyers for an account received from them in December for receiving legal advice, $5800.

10. Paid for the equipment purchased in (6).

11. H. Huntington withdrew $2000 from the business bank account for personal use.

Required Indicate with the appropriate letter whether each of the transactions resulted in:

(a) an increase in assets and a decrease in assets

(b) an increase in assets and an increase in liabilities

(c) an increase in assets and an increase in equity

(d) a decrease in assets and a decrease in liabilities

(e) a decrease in assets and a decrease in equity

(f) an increase in liabilities and a decrease in equity (g) an increase in equity and a decrease in liabilities.