AP-4A LO 2-3, 4 Simpson Moving had the following transactions during the month. Indicate whether assets, liabilities or owner's equity will increase or decrease and by how much, based on each transaction. Provide an explanation only if equity is affected. The first entry has been done for you. Always ensure the accounting equation is balanced. Transaction Explanation 1. Paid $200 cash for maintenance expense 2. The owner invested $4,000 cash in the business 3. Paid $2,400 cash for one year of insurance 4. Received a telephone bill for $150, which will be paid later 5. Purchased equipment worth $1,000 on account 6. Provided services and collected $4,200 cash 7. Paid $500 toward the bank loan 8. Paid $50 interest related to the bank loan 9. Paid $700 of accounts payable Assets Liabilities + Owner's Equity -200 -200 Paid for maintenance expense AP-5A LO 2-5 Paul Stiles runs a small landscaping business. During the month of July 2022, he had the following transactions. For each transaction, provide the appropriate T-account names and fill in the amounts. 1. Earned service revenue from a client and received $600 cash