Lee Company pays

$1,500

to advertise in the current edition of a local newspaper.\ Required:\ What is the effect of this transaction on individual asset accounts, individual liability accounts, the Capital Stock account, and the Retained Earnings acco Check all that apply.\ \\\\table[[\\\\table[[An asset account],[increases.]],,\\\\table[[An asset account],[decreases.]]],[\\\\table[[A liability account],[increases.]],0,\\\\table[[A liability account],[decreases.]]],[Capital Stock increases.,

,Capital Stock decreases.],[\\\\table[[Retained Earnings],[increase.]],,\\\\table[[Retained Earnings],[decrease.]]]]

Lee Company pays $1,500 to advertise in the current edition of a local newspaper. Required: What is the effect of this transaction on individual asset accounts, individual liability accounts, the Capital Stock account, and the Retained Earnings acc Check all that apply