Instructions: For the transactions below, indicate which accounts would increase and decrease in the accounting records of Bear Advertising Inc.. The first one has been done for you. Assets Properd Liabilities Accounts Uneared + Equity Accounts o ren 1/1 +$13,000 *$11,000 You invested $13,000 in exchange for common stock to start Bear Advertising Inc. You purchased 6 months of insurance for $1500 cash. 4 + 1500 7 You purchased $8,000 of office equipment by paying $3,000 in cash and signing a one year note payable for the rest. You purchased $2,000 of advertising supplies for cash. 10 +Assets Liabilities Div Dividends +Rev +Exp Exper + Equity Common ash Rac E - 3 You performed advertising Services and charged the customer $6,000 on account (to be paid later) Received a utility bill for $850 and decided to pay it later. A customer paid you $4000 for advertising services to be performed in the future. Paid half of the accounts payable from 8/17. A customer paid you $8,000 in cash for advertising services performed today. You received half the balance from the 8/13 customer in cash. Paid $2,000 in dividends. Totals