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Required: for each event presented below, please choose the effect of the journal entry on assets, liabilities, contributed capital, revenues and expenses; more precisely, please

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Required: for each event presented below, please choose the effect of the journal entry on assets, liabilities, contributed capital, revenues and expenses; more precisely, please choose for each item whether the same INCREASES DECREASES or REMAINS THE SAME (= unchanged). On March 20, ABC Company paid $ 740 cash to replace the valves of its production plant. This replacement increases the operating efficiency of the plant. Date ASSETS LIABILITIES STOCKHOLDERS'EQUITY REVENUES CONTRIBUTED CAPITAL EXPENSES March 20

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