Current Attempt in Progress Analyze the transactions of a business organized as a corporation described below and indicate whether the transaction increased, decreased, increased and decreased or no effect the accounting equation. 1. 2: 3. 4. Received cash for services provided. Purchased office equipment on credit. Paid employees' salaries. Received cash from customer in payment on account Assets Liabilities Stockholders' Equity INC

Analyze the transactions of a business organized as a corporation described below and indicate whether the transaction increased, decreased, increased and decreased or no effect the accounting equation