Take me to the text Indicate whether the terms of the accounting equation will increase, decrease or stay the same for each transaction by choosing the appropriate action from the drop down menu. If an item is not changed by the transaction, select the option "No Change." Transaction Assets Liabilities Owner's Equity 1) Paid salaries for the current month. Answer Decrease Answer No Change Answer Decrease 2) Purchased equipment on credit. Answer Increase Answer Increase Answer No Change 3) Purchased furniture using cash. Answer No Change Answer No Change Answer No Change 4) Made an additional investment into the business. Answer Increase Answer No Change Answer Increase 5) Received payment for services to be provided next month. Answer Increase Answer Increase Answer No Change 6) Made partial payment for equipment purchased on credit. Answer Answer Answer 7) Billed customers for services performed. Answer Answer Answer 8) Withdrew cash for personal use. Answer Answer Answer 9) Received payment from customers already billed. Answer Answer Answer 10) Received bills for utilities to be paid next month