ASSETS LIABILITIES OWNER'S EQUITY Tx Cash Dr. Cr. Accounts Receivable Dr. Cr. Expenses Dr Cr. 1 30,000 Supplies Accounts Payable Owner's Capital. Owner's Drawings Revenues Dr. CH!! Dr. Cr. Dr. Call Dr. CDr. CA 30,000 1,800 1.800 10,000 2 10,000 --- 4,500 4,500 1.250 1.250 6 36.00 16.00 > 1,730 4000 1.710 4.000 1,120 3 1,120 10 7,500 2,500 Indicate which is true about transaction 5 in the worksheet provided. O Cash decreased, Accounts Payable decreased O Cash increased, Accounts Payable increased O Cash decreased, Accounts Increased Accounts Payable increased, Expenses increased Indicate which is true about transaction 6 in the worksheet provided. O The company was paid for services rendered O The company will be paid at a future date for services rendered The company received cash for services rendered The company received advance payment for services