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6. For each of the following transactions, show the effect(increase=+; decrease=-; no effect=0) on assets. +,-,0 @ Owner withdrew cash for personal use. 6 Purchased
6. For each of the following transactions, show the effect(increase=+; decrease=-; no effect=0) on assets. +,-,0 @ Owner withdrew cash for personal use. 6 Purchased land on credit. C Made a cash sale. @ Purchased a delivery truck for cash. e Paid a telephone bill. O Paid an account payable. 9 Sold merchandise on account. 6 Discussed plans with the bank for a future loan
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