For each event on the left, indicate the effect on Retained Earnings (increase, decrease, no effect). A company sells products on account, with payment due next month. A. Increase A company uses electricity of $500, but will pay the bill next month. B. Decrease C. No effect A company purchases inventory. A company declares and pays dividends. A companyissues common stock for cash. A company recognizes depreciation expense. A company provides services to a customer who paid in advance last month. A company pays employees for labor provided this month