For each of the following transactions of Woods Inc., identify the accounts affected whether they were increased or decreased.

Transaction		Accounts		Increase/Decrease
1. Purchased 18-month insurance policy for cash.		Salaries and Wages ExpenseAccounts PayablePrepaid InsuranceCashUtilities ExpenseSupplies		IncreaseDecrease
		SuppliesCashUtilities ExpenseAccounts PayablePrepaid InsuranceSalaries and Wages Expense		IncreaseDecrease
2. Paid weekly payroll.		Utilities ExpenseSuppliesCashSalaries and Wages ExpenseAccounts PayablePrepaid Insurance		IncreaseDecrease
		Accounts PayablePrepaid InsuranceCashUtilities ExpenseSalaries and Wages ExpenseSupplies		IncreaseDecrease
3. Purchased supplies on account.		Accounts PayableCashUtilities ExpensePrepaid InsuranceSuppliesSalaries and Wages Expense		IncreaseDecrease
		Prepaid InsuranceUtilities ExpenseSuppliesCashSalaries and Wages ExpenseAccounts Payable		IncreaseDecrease
4. Received utility bill to be paid at later date.		Prepaid InsuranceSuppliesSalaries and Wages ExpenseCashUtilities ExpenseAccounts Payable		IncreaseDecrease