Bradley Company, engaged in a courier service business, completed the following selected transactions during July 1999:

Purchased office equipment on account.

Paid an account payable.

Earned service revenue on account.

Borrowed money by signing a note at the bank.

Paid salaries for month to employees.

Received cash on account from a charge customer.

Received gas and oil bill for month.

l&&Sme roo Purchased delivery truck for cash.

to° Declared and paid a cash dividend.

Using a tabular form similar to Illustration 1.3 (Part A), indicate the effect of each transaction on the accounting equation using (+ ) for increase and (—) for decrease. No dollar amounts are needed, and you need not fill in the Explanation column.