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Manor Ltd. records their business transactions into the basic accounting equation. For each of the following independent business activities, indicate the effect on the basic

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Manor Ltd. records their business transactions into the basic accounting equation. For each of the following independent business activities, indicate the effect on the basic accounting equation. NOTE: The questions are multi-selection questions. For each business activity choose ALL that apply. Question 9 (2 points) Signed a contract with a new customer to provide $6,000 of services in the future. a) Decrease assets b) Decrease equity c) Increase assets d) Increase liabilities e) Decrease liabilities Of) This is an event, not a transaction. g) Increase equity

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