Q1. Presented below are six business transactions. On the work sheet, list the letters (a), (b), (c) with columns for assets, liabilites, and stockholders' equity. For each column, indicate whether the transactions increased (+), decreased (-), or had no effect (NE) on assets, liabilities, and stockholders' equity.
	(a) Asset	(b) Liabilities	(c) Stockholders' equity
(a) Purchased food on account
(b) Received cash for providing catering service
(c) Billed customer for $5,000 on hotel room sold
(d) Paid $150 for electricity bill
(e) Invested $50,000 in the business
(f) Paid $300 for lawn services for the motel