QUESTION 1 "On July 7, 2014, Hidden Comera Enterprises performed services of $1,700 on account. The entry to record this transaction would include" O "a debit to Cash of $1,700." "a debit to Accounts Receivable of $1,700." o "a credit to Accounts Receivable of $1,700." o "a credit to Accounts Payable of $1,700." QUESTION 2 If total liabilities increased by $30,000 and owner's equity decreased by $50,000 during a period of time, then total assets must change by what amount and direction during that same period? 20.000 increase 20.000 decrease 30.000 decrease 30.000 increase QUESTION 3 Payment of a $1,500 accounts payables decreases an asset $1,500; decreases a liability $1,500 decreases an asset $1,500; increases a liability $1,500. decreases a liability $1,500; increases owner's equity $1,500 decreases an asset $1,500; decreases expenses $1,500. QUESTION 4 Juggernaut Company purchases a $29,000 of equipment on credit. The transaction will affect the income statement, owner's equity statement, and balance sheet. income statement only. income statement and owner's equity statement only. balance sheet only