answer of 35,36

35. Answer in the spaces provided whether each of the following represents a recordable transaction. Yes or No Collected cash for services Paid salaries Paid a note payable plus interest Hired an employee who will start working next month Used up some supplies O Purchased a delivery truck, payment to be made next year Withdrawal of cash by owner for personal use Agreed to supply a company with products over the next few years 36. The following transactions occur for the Hedgehog Company. Provide services to customers on account for $5,000. Purchase equipment by signing a note with the bank for $10,000. Pay advertising of $2,000 for the current month. Required: Analyze each transaction and indicate the amount of increases and decreases in the accounting equation