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ASSETS LIABILITIES OWNER'S EQUITY Cash Dr. Cr. Accounts Receivable Dr Cr. Supplies Dr. Cr. Accounts Payable Owner's Capital Owner's Drawings Dr. ChDr. Dr. Revenues Dr.

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ASSETS LIABILITIES OWNER'S EQUITY Cash Dr. Cr. Accounts Receivable Dr Cr. Supplies Dr. Cr. Accounts Payable Owner's Capital Owner's Drawings Dr. ChDr. Dr. Revenues Dr. Expenses Cr. CH Dr. 1 30,000 30,000 2 1,800 1.800 10.000 10.000 4.500 4 4.500 1.250 1,250 5 16.000 6 16,800 170 7 1,730 4.000 4,000 8 1,120 1.120 10 7.500 7.500 Indicate which is true about transaction 4 in the worksheet provided. Accounts Payable increased, Expenses increased O Cash increased, Accounts Payable increased O Cash decreased, Expenses decreased O Cash decreased, Expenses increased

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