Exercise No. 4: Identifying the effects of a transaction. Instruction: Indicate the following sign in the appropriate column; (+) for increases, Assets Liabilities Cash payment by the (investment) owner Owner's Equity 1. 2. Payment for taxes and licenses expense 3. Repair and maintenance of office 4. payment of rent expense 5. Purchase of office supplies account on 6. Purchase of office supplies for cash 7. Payment of accounts payable 8. Provide services for cash of furniture for cash 9. Purchase 10. Purchase note of equipment and equipment and furniture giving a 30day promissory 11. Payment of salaries of employees 12. Personal transaction withdrawal of the owner 13. Provide services on account 14. Provide services for cash 15. Collection of account customer 16. Payment of utility bills 17. Provide services 30day promissory note like from receiving a 18. Payment for other expenses 19. Bought supplies paying 50% cash, and the remaining on account. 20. Rendered service partial payment on cash remaining on account. on receiving and the