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Brief Exercise 2 - 2 ( Static ) Balance the accounting equation ( LO 2 - 2 ) Using the notion that the accounting equation

Brief Exercise 2-2(Static) Balance the accounting equation (LO2-2)
Using the notion that the accounting equation (Assets = Liabilities + Stockholders' Equity) must remain in balance, indicate whether each of the following transactions is possible.
\table[[Transactions,\table[[Transaction],[Possible?]]],[a. Cash increases; Accounts Payable decreases.,],[b. Service Revenue increases; Salaries Payable increases.,],[c. Advertising Expense increases; Cash decreases.,]]
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