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For each transaction, indicate whether the balance of total assets, liabilities and owners equity (OE) increased, decreased, or did not change. Transaction # Description Assets

For each transaction, indicate whether the balance of total assets, liabilities and owners equity (OE) increased, decreased, or did not change.

Transaction # Description Assets Liabilities Owners Equity

1

Paid salaries for current month. AnswerDecreaseIncreaseNo Change AnswerDecreaseIncreaseNo Change AnswerDecreaseIncreaseNo Change

2

Purchased equipment on credit. AnswerDecreaseIncreaseNo Change AnswerDecreaseIncreaseNo Change AnswerDecreaseIncreaseNo Change

3

Purchased furniture using cash. AnswerDecreaseIncreaseNo Change AnswerDecreaseIncreaseNo Change AnswerDecreaseIncreaseNo Change

4

Additional investment into the business. AnswerDecreaseIncreaseNo Change AnswerDecreaseIncreaseNo Change AnswerDecreaseIncreaseNo Change

5

Received immediate payment for services provided. AnswerDecreaseIncreaseNo Change AnswerDecreaseIncreaseNo Change AnswerDecreaseIncreaseNo Change

6

Made partial payment for equipment purchased on credit. AnswerDecreaseIncreaseNo Change AnswerDecreaseIncreaseNo Change AnswerDecreaseIncreaseNo Change

7

Billed customers for services performed. AnswerDecreaseIncreaseNo Change AnswerDecreaseIncreaseNo Change AnswerDecreaseIncreaseNo Change

8

Withdrew cash for personal use. AnswerDecreaseIncreaseNo Change AnswerDecreaseIncreaseNo Change AnswerDecreaseIncreaseNo Change

9

Received payment from customers already billed. AnswerDecreaseIncreaseNo Change AnswerDecreaseIncreaseNo Change AnswerDecreaseIncreaseNo Change

10

Received bills for current utilities to be paid next month. AnswerDecreaseIncreaseNo Change AnswerDecreaseIncreaseNo Change AnswerDecreaseIncreaseNo Change

Please assist . For each question please indicate whether it is a increase , decrease , or no change at all for assests liabilities and equity.

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