14) For each of the following transactions, identify the effect on the accounting equation. Use "+" to indicate an increase and "-" to indicate a decrease. Use "A", "L", and "E" to indicate assets, liabilities, and equity, respectively. If there is both an increase and decrease in the same category, indicate both and I and/or D and/or N. (a) (b) (c) (d) (f) gt R.H. Long invested $100,000 in +A a sole proprietorship. $10,000 of services were rendered to customers on account. Equipment was purchased for $50,000 on account. A building was purchased for $100,000. $50,000 was paid in cash and the remainder was on account. The rental premium for a 12-month policy was paid in cash in advance. Paid the office secretary's salary. The amount owed on the building was paid. +E

14) For each of the following transactions, identify the effect on the accounting equation. Use "+ " to indicate an increase and " - " to indicate a decrease. Use " A ", "L", and "E" to indicate assets, liabilities, and equity, respectively. If there is both an increase and decrease in the same category, indicate both and I and/or D and/or N