For each item numbered A through J below, select the appropriate effect on liabilities that each transaction describes. 1 point each In a lawsuit filed against the firm, counsel indicates that the potential $10,000 loss is remote. Choose... Decrease current liabilities No effect on recorded current liabilities Increase current liabilities Issued a $1,000 short-term note payable for $970. Choose... Purchased supplies on account. Choose... Collected sales tax on behalf of the state government. Choose... Paid accounts payable. Choose... Paid the cash dividend previously declared. Choose... A portion of long-term debt is due next year. Choose... Received money from customers prior to delivery of the product to the customer. Choose... Delivered products to a customer who previously paid for that product. Choose... Declared cash dividends to holders of stock