Indicate the effect each of the following transactions has on the accounting equation (i.e., assets, liabilities, and equity). Enter the number corresponding to your answer in the box provided. Do not place a period after the number. Answer choices may be used once, more than once, or not at all.

123456789	ABC Company sold common stock to investors for $40,000 cash
123456789	ABC Company collected a $10,000 account receivable from a customer
123456789	ABC Company received $30,000 cash from a customer for services to be performed later
123456789	ABC Company recorded the adjusting entry to accrue salaries of $10,000 for the year
123456789	ABC Company received and paid a $20,000 utility bill

1.	assets increase; liabilities increase; equity decrease
2.	assets decrease; liabilities decrease; equity no effect
3.	assets increase; liabilities no effect; equity increase
4.	assets no effect; liabilities no effect; equity no effect
5.	assets no effect; liabilities increase; equity decrease
6.	assets increase; liabilities increase; equity increase
7.	assets increase; liabilities increase; equity no effect
8.	assets no effect; liabilities decrease; equity increase
9.	assets decrease; liabilities no effect; equity decrease