Question Four (4%) For each of the following transactions, identify the effect on the accounting equation. Use "+" to indicate an increase and "-" to indicate a decrease. Use "A", "L", and "E" to indicate assets, liabilities, and equity, respectively. RH Long invested $100,000 into a sole proprietorship + Land was purchased for $50,000 on account E LA + Services were rendered to customers on account + A A building was purchased for $100,000. $50,000 was paid in cash and the remainder was on account + A The rental premium for a 12-month policy was paid with $600 cash in advance + Paid the office secretary salary A IL The amount owed on the building was paid Internet Bill for $150.00 was received and recorded + IL