Scoring: Your score will be based on the number of correct matches. There is no penalty for incorrect or missing matches.

Match each transaction with its effect on the accounting equation. Each letter may be used more than once.

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Received cash for services provided Received utility bill to be paid next month Contribution of land by stockholder Paid part of an amount owed to a creditor Paid cash for the purchase of supplies		Decrease assets, decrease liabilities Decrease assets, decrease stockholders' equity No effect Increase assets, increase stockholders' equity Increase liabilities, decrease stockholders' equity