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analyze the transactions through in terms of increase and decrease. 1. increase office equipment(asset) $18000 and decrease cash $ 18000. balance is unaffected. 2. increase
analyze the transactions through in terms of increase and decrease.
1. increase office equipment(asset) $18000 and decrease cash $ 18000. balance is unaffected.
2. increase in office equipment(asset) $ 10400, increase bill payable(liability)
3. advertisement expenses decrease(revenue) $4500.
4. increase asset, increase bill payable(liability) $6000.
5. decrease in the owner's capital.
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