Reporting Liabilities and Contingencies The following transactions relate to topics in this chapter. a. Purchased inventory on account, terms 2,n/30, accounted for using the perpetual inventory system. b. Collected sales taxes on a customer sale. c. Received a deposit from a customer as a down payment on a large purchase. d. Recorded a sale of gift cards to customers. e. Recognized breakage revenue on gift cards. f. Accrued weekly payroll including employee withholdings. g. Accrued payroll tax expense. h. Recorded vacation time paid that had been previously accrued. i. Accrued year-end employee bonuses. j. Accrued interest on a short-term, interest-bearing note payable. k. Reclassified long-term debt due within the next year as current. I. Accrued a loss contingency. m. Settled a loss contingency for considerably less than previously accrued. n. Recorded the sale of an extended warranty. For each transaction above, indicate the impact on assets, liabilities, and stockholders' equity by indicating an: increase, decrease, or no net change. Reporting Liabilities and Contingencies The following transactions relate to topics in this chapter. a. Purchased inventory on account, terms 2,n/30, accounted for using the perpetual inventory system. b. Collected sales taxes on a customer sale. c. Received a deposit from a customer as a down payment on a large purchase. d. Recorded a sale of gift cards to customers. e. Recognized breakage revenue on gift cards. f. Accrued weekly payroll including employee withholdings. g. Accrued payroll tax expense. h. Recorded vacation time paid that had been previously accrued. i. Accrued year-end employee bonuses. j. Accrued interest on a short-term, interest-bearing note payable. k. Reclassified long-term debt due within the next year as current. I. Accrued a loss contingency. m. Settled a loss contingency for considerably less than previously accrued. n. Recorded the sale of an extended warranty. For each transaction above, indicate the impact on assets, liabilities, and stockholders' equity by indicating an: increase, decrease, or no net change