For each of the following transactions, it is requested: * The effect (increases or decreases) on Assets, Liabilities, Equity, Income and Expenses, and indicate the name of the Accounts that must be used in each of they. Example: services are sold to customers, in cash. Answer: increase an asset (Cash) and increase the Income (Income from services). 1.- The owner invested $ 850,000 in cash to start its operations, and also contributed Equipment for $ 400,000 2.- Merchandise valued at $ 65,500 was purchased on credit from Ca Matra. 3.- Cash services are sold for $ 32,000. 4.- Land was purchased on credit, this for the sum of $ 18,000, a promissory note is signed for the obligation. 5.- Cash was received for the payment of services rendered last month, in the amount of $ 8,600. It should be noted that income were registered at the time 6- The general expenses of the month are canceled in the amount of $ 4,700. 7.- $ 5,100 was paid in cash in advance for insurance, this for 5 months. 8.- Minor equipment was purchased in cash for the sum of $ 15,000 9.- The owner additionally contributed $ 8,000 in Machinery, $ 4,900 in Cash and $ 2,000 in equipment. 10.- Monthly wages were paid, this in the amount of $ 2,000