Question 23 3.5 pts A pharmacy purchases some medicine on an account. What does have the effect of this transaction on the pharmacy's balance sheet? Assets Increase, Net Assets Increase Assets Decrease, Liabilities Decrease Assets Increase, Liabilities Increase Assets Decrease, Net Asset Decrease The Vulcan Community Hospital purchased $1,500,000 worth of an MRI. The hospital paid $6,000 for transportation and paid $8,000 for installation. The transportation and installation payments were paid in cash and the machine payment was paid on a long- term account. Which is the correct recording regarding the financial event?THERE COULD BE MORE THAN ONE CORRECT ANSWER! PLEASE SELECT ALL CORRECT OPTIONS: Debit $8,000 on Installation Expenses Credit $6,000 on Transportation Expenses Credit $1,500,000 on Loan Payable Debit $1,500,000 Plant&Equipment Credit $14,000 on Cash Debit $1,514,000 on Plant&Equipment