Saved Question 3 (1 point) What is the effect of the following business activity on the element indicated? Provided 1 month of services to a customer who paid $1,500 in advance for 6 months of services. - Assets 1) increase to one and decrease to another 2) no effect 3) decrease 4) increase Question 4 (1 point) What is the effect of the following business activity on the element indicated? Pay an employee for 37.5 hours of work performed last week. She earns $14 per hour. --- Assets 1) increase 2) increase to one and decrease to another 3) no effect 4) decrease MacBook Pro