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The following transactions occur for the Hamilton Manufacturers. (a) Provide services to customers on account for $4,700. (b) Purchase equipment by signing a note with

The following transactions occur for the Hamilton Manufacturers.

(a) Provide services to customers on account for $4,700. (b) Purchase equipment by signing a note with the bank for $11,000. (c) Pay advertising of $1,100 for the current month.

Analyze each transaction and indicate the amount of increases and decreases in the accounting equation. (Decreases should be indicated by a minus sign.)

Assets = Liabilities + Stockholders Equity

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