For each of the following situations, indicate how it affects: total assets; total liabilities; and equity. For example, when a company borrows money from a bank, it has more cash and it also has a liability. Therefore, assets increase, liabilities increase, but equity is unchanged.

A. The company sells its stock to the public.

B. A landlord receives cash in payment for the current month’s rent on an apartment.

C. A landlord receives rent now that relates to the next period. The customer has paid in advance.

D. A company repays its bank loan.
E. A company buys land in return for cash.
F. A company uses cash to buy back stock held by a shareholder.
G. A company pays an accounts payable.
H. During the last week of the year, the company’s employees earn six days’ wages. The company will pay these wages in the first week of the next year.
I. A company buys insurance today, for cash, that will be useful for the next three years.