choose the correct answer

#1: - Purchased new delivery truck on account: -

- Asset and liability accounts increased

- Asset accounts both increased and decreased

- Assets and owners equity accounts increased

- Assets and owners equity accounts decreased

- No change in accounts

#2: - Sold manufacturing equipment for cash: -

- Asset and liability accounts increased

- Asset accounts both increased and decreased

- Assets and owners equity accounts increased

- Assets and owners equity accounts decreased

- No change in accounts

#3: - Customer paid for legal services: -

- Asset and liability accounts increased

- Asset accounts both increased and decreased

- Assets and owners equity accounts increased

- Assets and owners equity accounts decreased

- No change in accounts

#4: - Purchased supplies on account: -

- Asset and liability accounts increased

- Asset accounts both increased and decreased

- Assets and owners equity accounts increased

- Assets and owners equity accounts decreased

- No change in accounts

#5: - prepaid a years rent: -

- Asset and liability accounts increased

- Asset accounts both increased and decreased

- Assets and owners equity accounts increased

- Assets and owners equity accounts decreased

- No change in accounts