125% T Rv ul Chart Co Collaborate e Format Organize View Zaam Add Category Insert Table Text Shape Media Comment + Chap 1 Exercise Please match the correct letter (a to g) to the answers. I have already completed the number 1. answers for E1.6 and 1.7 E1.6 Analyze the effect of transactions. (LO 4) Selected transactions for Green Valley Lawn Care Company are listed below. B 1. Made cash investment to start business. 2.Paid monthly rent. 3.Purchased equipment on account. 4. Billed customers for services performed. Withdrew cash for owner's personal use. 6. Received cash from customers billed in (4). 7.Incurred advertising expense on account. 8.Purchased additional equipment for cash. 9. Received cash from customers when service was performed. E1.7 Analyze the effect of transactions on assets, liabilities, and owner's equity. LO 4) Falske Computer Timeshare Company entered into the following transactions during May 2020, Instructions for E1.6 and 11.7 Indicate with the appropriate letter whether each of the transactions above results in: (A) An increase in assets and a decrease in assets. (B) An increase in assets and an increase in owner's equity. (C) An increase in assets and an increase in liabilities. (D) A decrease in assets and a decrease in owner's equity. (E) A decrease in assets and a decrease in liabilities. (F) An increase in liabilities and a decrease in owner's equity. (G) An increase in owner's equity and a decrease in liabilities. G 1. Purchased computers for $20,000 from Digital Equipment on account. 2.Paid $4,000 cash for May rent on storage space. Received $17,000 cash from customers for contracts billed in April. 4. Performed computer services for Viking Construction Company for $4,000 cash. 5. Paid Tri-State Power Co. $11,000 cash for energy usage in May. 6.Falske invested an additional $29,000 in the business. 7.Paid Digital Equipment for the computers purchased in (1) above. 8. Incurred advertising expense for May of $1,200 on account