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For each transaction, indicate whether the balance of total assets, liabilities and owner's equity (OE) increased, decreased or did not cha Transaction # Description Assets

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For each transaction, indicate whether the balance of total assets, liabilities and owner's equity (OE) increased, decreased or did not cha Transaction # Description Assets Liabilities Owner's Equity 1 Paid salaries for current month. 2 Purchased equipment on credit. 3 4. Purchased furniture using cash. Additional investment into the business. Received immediate payment for services provided. 5 6 Made partial payment for equipment purchased on credit. 7 Billed customers for services performed. Withdrew cash for personal use. 8 . 9 Received payment from customers already billed. > 10 Received bills for current utilities to be paid next month

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