https://lifa1.lyryx.com/student-servlets/LabServlet?ccid=10941 Date: 2020-12-20 Question 9 [15 points] Ludwig Inc. recorded the following transactions during April. Indicate whether each transaction would cause an increase (+), decrease (-), or has no effect (NE) on each of the components of the accounting equation. If a transaction causes a decrease in one component of the accounting equation and also an increase in the same component but in a different account, select (+/-). Assume a perpetual inventory system a) Ludwig Inc's merchandise that cost $2.665 was sold for $4,100 under credit terms of 2/10, 30, FOB destination b) Received the balance due for an earlier sale (within the discount period) c) Received a credit memorandum is the amount of $13,700 acknowledging the retum of merchandise purchased from a supplier d) Paid $300 shipping charges related to an earlier purchase of merchandise Raceived the balance due for an earlier sale (beyond the discount period). 1) Ludwig inc purchased merchandise on credit, terms 2/10, 20, $2,200, FOB factory g) Paid the balance due on an earlier purchase (within the discount period) h) Issued a $12.800 credit memorandum to a customer for an allowance on goods sold earliec Luding Inc. sold merchandise that cost $3,950 for $7,900 cash. Paid $400 shipping charges related to an earlier sale K) Received the balance due for an earlier sale (beyond the discount period) Paid $460 shipping charges related to an earlier purchase of merchandise m) Paid the balance due on an earlier purchase (beyond the discount period) Received the balance due for an earlier sale (beyond the discount period) o Paid the balance due on an water purchase beyond the discount period) Official Time: 9:37.38 Olype here to each O ALE SUBMIT AND MARK SAVE AND CLOSE 2007