This Question: 10 pts 4 of 8 (3 complete) Fill out the following chart to show the impact on the accounting equation from each transaction. If the increased amounts equal (offset) the decreased amounts, select "Offsetting Effects". If th "NoEffects". (You should select one option for each account. Don't leave it blank.) Liabilities Shareholders' Equity Date Apr 1 Description Assets Purchased equipment for $300,000 with $100,000 paid by cash and $200,000 borrowed from banks Increase O Decrease O Offseting Effects O NoEffects O Increase Decrease O Offsetting Effects O No Effects Increase O Decrease Offsetting Effects O NoEffects Apr 1 Issued common shares in exchange for $200,000 cash Increase O Decrease O Offseting Effects O NoEffects O Increase O Decrease Offseting Effects O NoEffects O increase O Decrease O Offseting Effects O NoEffects Apr 1 Paid one year of rent in advance for $12,000 cash increase O Decrease O Ofseting Effects O No Effects o increase O Decrease O Offseting Effects O No facts o increase o Deorease O Offeng Effects O Nolffects Apr 1 Received $24,000 cash in advance from a customer for services to be provided O Increase O Decrease O Increase O Decrease O increase Decrease Click to select your answer. This Question: 10 pts 4 of 8 (3 completo) Fill out the following chart to show the impact on the accounting equation from each transaction. If the increased amounts equal (offset) the decreased amounts, select "Offsetting Effects". If the a "NoEffects". (You should select one option for each account. Don't leave it blank.) Apr 1 Received $24,000 cash in advance from a customer for services to be provided o increase O Decrease O Offseting Effects O NoEffects O Increase O Decrease o Ofseting Effects O NoEffects Increase Decrease O Offseting Effects O NoEffects Apr 9 Hired two employees to begin work in the company and signed employee contracts with them o increase O Decrease O Offseting Efects Jo NoEffects O Increase O Decrease O Offseting Effects o No Effects o increase O Decrease O Offseting Effects O NoEffects Apr 10 Purchased a bunch of supplies on account from A Company for s2000 O Increase O Decrease Osting Effects NOEffects o increase O Decrease O Offseting Effects O Nolffects o increase O Decrease O Offseting Effects NoEffects Apr 11 Purchased $10,000 inventory paid directly by cash 10 increase O Decrease Oseting Elects O NoEffects o increase O Decrease O Osing Effects O NOEfects O horase Decrease Oseng Efects Notecte Click to select your answer This Question: 10 pts 4 of 8 (3 complete) Fill out the following chart to show the impact on the accounting equation from each transaction. If the increased amounts equal (offset) the decreased amounts, select "offsetting Effects". I "NoEffects". (You should select one option for each account. Don't leave it blank.) O Decrease O Offseting Effects o NoEffects O Decrease O Offseting Effects O NoEffects O Decrease 0 Offseting Effects O NoEffects Apr 12 Sold $2,000 inventory with cost of $1000 on account to customers Increase Increase O Decrease O Offseting Effects O Notects O Increase O Decrease O Offseting Effects O NoEffects O Decrease O Offseting Effects O No Effects Apr 13 Paid $2,000 cash owed to A Company O crease O Decrease Offseting Effects No flats Increase Decrease o Offseting Effects O Nollects o increase Decrease Offseting Effects O NoEfects Apr 15 Received $1000 cash from customers for previous unpaid purchases Ingre O Decrease O Offseting Effects O Notects 0 Increase O Decrease O Offseting Effects O Noots increase O Decrease O Offseting Effects NoEffects Click to select your