4 [15 points] X-cell Inc. recorded the following transactions during June, as well as some items requiring adjusting transactions at month-end. Indicate whether each transaction or adjusting entry would cause an increase (+), decrease ( - ), or has no effect (NE) on each of the components of 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 different account, select (+/-). a) June 23: The bill for the $500 advertising campaign that ran last week was received today and paid. b) June 12: X-cell Inc. rented buildings to a client and collected $7,250 in advance. c) June 21: Adam Uppe (a shareholder), received share capital in X-cell Inc., after investing $40,000 cash into the business. d) June 22: X-cell Inc. bought $700 of supplies paying $100 cash and $600 on account. e) At month-end: $4,000 of the insurance policy purchased in advance has expired. f) At month-end: Accrued salaries at month-end totalled $8,500. g) June 3: X-cell Inc. returned $2,800 of defective supplies today that were originally purchased for cash. h) June 12: X-cell Inc. purchased a $49,000 truck by borrowing the amount from the bank through a short-term note payable. i) At month-end: $2,250 of the insurance policy purchased in advance has expired. j) June 21: Adam Uppe (a shareholder), received share capital in X-cell Inc., after investing $10,000 cash and $15,000 worth of equipment in X-cell Inc. k) At month-end: $1,000 of the rent paid to X-cell Inc. in advance has been earned. 1) At month-end: $3,500 of the rent paid in advance has expired. m) June 12: X-cell Inc. purchased supplies by paying $800 cash. n) June 9: X-cell Inc. paid $900 towards the bill from an earlier transaction. o) June 21: X-cell Inc. paid next month's rent of $500 in advance. ALE