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1. Paid $4,200 for utilities 2. Performed Services for $21,000 on account 3. Received $13,000 from charge account customers 4. Paid salaries of $9.000 to

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1. Paid $4,200 for utilities 2. Performed Services for $21,000 on account 3. Received $13,000 from charge account customers 4. Paid salaries of $9.000 to employees 5. Paid $16,000 to a creditor on account 6. Owner invested $180.000 in the business 7. Purchased $53,400 of supplies on account 8. Purchased equipment for $42.000 cash 9. Paid $12,000 for rent in advance). 10. Performed services for $15600 ch Indicate the impact of each of the transactions on the fundamental accounting equation Assets Ladies Owner's Equity) by placing a "" to indicate an increase and a 'D' to indicate a decrease. The first transaction is entered as an example of transaction causes one account to increase and another to decrease within the same classification of the accounting equation, select 1/D.) Taction Assets D Owners Equity D 1 2 3 4 5 2 8 9 10

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