star inc. recorded the following transactions during july. indicate whether each transaction would cause (+) , decrease (-) , or has no effect (NE) on eqch of the components of the accounting equation. if a transaction causes a decrease in one component of the accounting equation and also an increase in the same component but in a different account, select (+/-). Assume a perpetual inventory system.

Star Inc. recorded the following transactions during July. Indicate whether each transaction would cause an increase (+), decrease ( - ), or ha equation. If a transaction causes a decrease in one component of the accounting equation and also an increase in the same component but in system. L + a) Star Inc. purchased merchandise for cash, $6,300, FOB factory b) Paid $450 for freight charges for an earlier purchase of merchandise c) Star Inc.'s merchandise was sold for $2,900 cash. The merchandise cost $1.450 d) Paid the balance due on an earlier purchase (within the discount period). e) Paid $350 for freight charges on an earlier sale. Paid the balance due on an earlier purchase (beyond the discount period), 9) Received the balance due for an earlier sale (beyond the discount period) h) Star Inc. purchased merchandise on credit, terms 2/10.1/20, $6,500. FOB factory 1) Star Inc, sold merchandise for $1.600 under credit terms of 2/15, n/30, FOB factory. The merchandise had cost $960 D) Received the balance due for an earlier salo (beyond the discount period), k) Paid $150 for freight charges on an earlier sale. D) A customer requested a price reduction on an earlier sale because the merchandise did not meet specifications. Sent a credit memorandum for $1,300 to resolve the issue. m) After negotiations with a supplier concerning problems with the merchandise purchased earlier, received a credit memorandum granting a price reduction of $4,100. n) Star Inc. purchased merchandise for $3,700 under credit terms of 2/15, n/30, FOB destination o) Paid the balance due on an earlier purchase (beyond the discount period)