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2 [15 points] Zoom Inc recorded the following transactions occured during the month of April. Indicate whether each transaction would cause an increase (+), decase
2 [15 points] Zoom Inc recorded the following transactions occured during the month of April. Indicate whether each transaction would cause an increase (+), decase (-) the accounting equation. If a transaction causes a decrease in one component of the accounting equation and also an increase in the same component but in a a) Zcom inc paid a $500 bill received today for an advertising campaign that can last week b) Zcom Inc. paid $1,100 towards the bill from an earlier transaction Steve Moore (a shareholder), received share capital in Zoom Inc, after investing equipment and supplies into the business worth $20.000 and $10,000, respectively dZcom inc provided $1,250 of commuting services for a customer who will pay within 30 days e) Abl was received today for last week's $1,500 advertising campaign. It must be pad within 15 days Zoom Inic paid $3,000 for equipment parthased today 9) Zcom Inc purchased $29,750 of equipment by bomowing the amount from the bank through a short term note payable Zoom inc used creat to purchase $2,250 of equipment Steve Moore to shareholder), received share capital in Zoom inc, after investing $50,000 of supplies into the business Steve Moore, a shareholder of Zoom inc, received share capital after having transferred to the busines building worth $72.000 and the $10,000 remaining balance of the mated short-term note payable Zoom inc bought $2 250 of equipment, uning $500 cash and $1,750 on account Fumeture was rented by a custosse for $1,600 on creat m) Zcons Inc returned to the suppler $5,000 of equipment decovered to be defective it was ongnaty purchased on account in an earler transaction n) Zcom inc pad $250 for this month's uten tell received today 03 Steve Moore (a shareholder), received share capital in Zoom inc after investing $30,000 of equipment in the business A LE or has no effect (NE) on each of the components of ferent account, select() Official Time: 15:59:57 H Type hes to search 19 D SUBMIT AND MARK SAVE AND CLOSE
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