4. The company provided consulting for its client, K Green. The client paid $10,000 cash. ACCOUNT NAME DEBIT CREDIT DATE 1/30/03 Did you increase or decrease Assets 2* Did you increase or decrease Liabilities? Did you increase or decrease Equity? Does this entry increase or decrease net income?* *(can note that there is no change as an answer) 5. The company received $6,000 in advance from its client, S Smith. The company will provide legal services over the next 3 months. ACCOUNT NAME DEBIT CREDIT DATE 1/30/03 Did you increase or decrease Assets ?* Did you increase or decrease Liabilities? Did you increase or decrease Equity 2* Does this entry increase or decrease net income? *(can note that there is no change as an answer) 6. The company paid 60% of the balance due to ABC Company from transaction #3 above. ACCOUNT NAME DEBIT CREDIT DATE 1/30/03 Did you increase or decrease Assets? Did you increase or decrease Liabilities? Did you increase or decrease Equity2* Does this entry increase or decrease net income?* *(can note that there is no change as an answer)