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Question #3. Indicate the effects on the accounting equation of each of the following transactions. Use these notations to indicate your answers: +, -,
Question #3. Indicate the effects on the accounting equation of each of the following transactions. Use these notations to indicate your answers: +, -, NC (no change). Transaction "a" has been completed as an example. a. Purchased supplies on credit. b. Owner invested cash in the business. c. Purchased equipment for cash. d. Performed services on account. e. Owner withdrew cash for personal use. f. Paid rent and utilities for the month. g Performed services for cash. Assets Liabilities Owner's Equity NC
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