Exercise 13-6A (Static) Ident' Ing transaction type, its effect on the accounting equation, and whether the effect is recorded with a deL... or credit LO 13-1 Required Idenllify whether each of the following transacilons is an assel source (AS), assel use (AU), assel exchange (AE), of claims exchange ICE). Also explain how each event affecis the accounting equallon by placing a + for Increase, and - for decrease under each of the elements of the accouniling equation. Finally, Indicate whether the elfect requires a debit or credit entry. Nol all cells may require an Inpul - leave cells blank if there is no corresponding inpul needed. The first event is recorded as an example. a. Purchased supplles on account. b. Acquired cash from the issue of common slock Pald cash in advance for one year of rent. d. Paid salarles payable. e. Recelved cash for services lo be performed in the fulure. I. Pald a cash dividend to the slockholders. g. Recelved cash in payment of accounts recelvable. h. Pald accounts payable. 1. Provided services for cash. 1. Recognized expense for supplies used during the perlod. k. Recognized revenue for services completed for which cash had been collecled previously. I. Incurred other operalling expenses on account. m. Purchased land with cash. Stockhoiders' Equity