The events below happened to Dr. Doofenshmirtz Corporation. Beside each event, show the impact on the firms accounts. Write in the names of the accounts that are affected by the event (if none, write NONE). Also state whether each account is Increased or Decreased by the event.

Example:

The firm buys land with cash. Land UP Cash DOWN

1. The firm buys equipment and will

pay for it next month.

2. A repair company fixes the firms

office air conditioner and invoices us.

3. The firm provide services

for a customer and invoices her.

4. The firm pays another company

in advance to provide tech support

over the next 4 months.

5. The firm pays the repair company

from Event #2 above.

6. The customer from Event #3

pays the firm.