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Required: Select whether the transaction increases or decreases assets, liabilities, and stockholders' equity. Leave blank if no effect. The first item is provided as an

Required:
Select whether the transaction increases or decreases assets, liabilities, and stockholders' equity. Leave blank if no effect. The first item is provided as an example.
\table[[Transaction,Assets,=,Liabilities,+,Stockholders' Equity],[1. Issue common stock in exchange for cash.,Increase,=,,+,Increase],[2. Purchase business supplies on account.,5,=,,+,],[3. Pay for legal services for the current month.,,=,,+,],[4. Provide services to customers on account.,,=,,+,],[5. Pay employee salaries for the current month.,,=,,+,],[6. Provide services to customers for cash.,,=,,+,],[7. Pay for advertising for the current month.,,=,,+,],[8. Repay loan from the bank.,,=,,+,],[9. Pay dividends to stockholders.,5,=,,+,],[10. Receive cash from customers in (4) above.,5,=,,+,],[11. Pay for supplies purchased in (2) above.,,=,,+,]]
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