1. From the following statements, indicate whether the accounts are increasing or decreasing: Advertising for the current month was paid in full with cash. Advertising Expense Cash An open account for a food supplier was paid in full with cash. Accounts Payable Cash Insurance for the coming year was acquired with a promise to pay. Prepaid Insurance Insurance Payable A restaurant sells a meal and is paid with cash, including sales tax. Food Sales Cash Sales Tax Kitchen Equipment is purchased with a long-term promise to pay. Equipment Notes Payable