Six events relating to liabilities follow:

a. Paid the liability for interest payable accrued at the end of the last accounting period.

b. Made the current monthly payment on the 12 month installment note payable, including interest and a partial repayment of principal.

c. Issued bonds payable at 98 on March 1, 2015. The bonds pay interest March 1 and September 1.

d. Recorded September 1, 2015, interest expense and made semiannual interest payment on bonds referred to in part c.

e. Recorded necessary adjusting entry on December 31. 2015, for bonds referred to in part c.

f. Recorded estimated six-month warranty expense on December 31, 2015.

Indicate the effects of each of these transactions or adjusting entry on the financial measurements in the five column headings listed below: I for increase, D for decrease, and NE for no effect.

Transaction	Current Liabilities	Long term Liabilities	Net Income	Assets	Net Cash Flow from Op Activities	Net Cash Flow (from all sources)
a.
b.
c.
d.
e.
f.