ONLY ASWERS TO DOUBLE CHECK

& Shorts fet ROMWE what is and Frisinden MCU Remaining Time: 1 hour, 29 minutes, 02 seconds Question completion Status: QUESTION 2 In October, a company buy event on account from a vender for $100.000 which increases asets Equipment and increases tes Accounts Payable. When the company pays the vendor the $100.000 that is owed on account, how does it affect the basic accounting equation? There is no impact to the equation as one asset account goes up and another asset account goes down Aises decrease and abide decrease Labtes decrease and shareholders' equity increases Assets increase and a decrease QUESTIONS Which of the following represents the basic accounting equation? Revenue minus penses income Assets Labs minus Dividends Assets Liabides plus Shareholders' Equity Touty Common Stock plus Retained Carrings QUESTION 4 in October, a company bills a customer 100.000 for services performed on account. As a result of having performed these services, assets Accounts Receives increase and shareholders equity through Revenue) also increases. When the account recevable is paid by the customer and received by the company how is the best counting equation impacted Assets increase and be increase Assets decreare and shareholders' equity decreases There is no overall impact as one assets increases and another asset accounts receivable decreases Adsets increase and shareholders' equity increases