Indicate the effect each of the following transactions has on the accounting equation (i.e., assets, liabilities, and equity). Select your answer by clicking in the drop down box to the right of each transaction. Answer choices may be used once, more than once, or not at all.

Group of answer choices

Provided services for a customer. The customer did not pay for these services, but agreed to pay the balance due within thirty days.

[ Choose ] assets = increase; liabilities = no effect; equity = increase assets = no effect; liabilities = decrease; equity = increase assets = no effect; liabilities = increase; equity = decrease assets = decrease; liabilities = no effect; equity = decrease assets = increase; liabilities = no effect; equity = no effect assets = increase; liabilities = increase; equity = no effect assets = decrease; liabilities = no effect; equity = no effect assets = decrease; liabilities = increase; equity = decrease assets = no effect; liabilities = no effect; equity = no effect

On June 30 received a $7,000 bill for advertising done in June. $3,000 was paid immediately with the remaining $4,000 due next month

[ Choose ] assets = increase; liabilities = no effect; equity = increase assets = no effect; liabilities = decrease; equity = increase assets = no effect; liabilities = increase; equity = decrease assets = decrease; liabilities = no effect; equity = decrease assets = increase; liabilities = no effect; equity = no effect assets = increase; liabilities = increase; equity = no effect assets = decrease; liabilities = no effect; equity = no effect assets = decrease; liabilities = increase; equity = decrease assets = no effect; liabilities = no effect; equity = no effect

Performed services for a customer in June. The customer had paid for these services two months earlier in April.

[ Choose ] assets = increase; liabilities = no effect; equity = increase assets = no effect; liabilities = decrease; equity = increase assets = no effect; liabilities = increase; equity = decrease assets = decrease; liabilities = no effect; equity = decrease assets = increase; liabilities = no effect; equity = no effect assets = increase; liabilities = increase; equity = no effect assets = decrease; liabilities = no effect; equity = no effect assets = decrease; liabilities = increase; equity = decrease assets = no effect; liabilities = no effect; equity = no effect