Transaction: Trailblazer Co. pays $1,100 for monthly advertising expenses. Required: For the transaction above, complete the following: (a) Select the accounts that are affected (there will be at least two). (b) Are the selected accounts increased or decreased? (c) What is the dollar amount of change in the accounts? (d) If Retained Earnings is selected, choose the reason that it has changed. Account Which accounts are affected? Why has Retained Earnings changed? Is the account increased or decreased? Increase Decrease What is the amount of transaction $ Cash Accounts Receivable Increase Decrease SO Supplies Increase Decrease SO Tools Increase Decrease $ [ Increase Accounts Payable G SO Decrease Capital Stock Increase Decrease $0 Increase Retained Earnings sa Choose One Decrease Which accounts are affected? What is the amount of transaction? Why has Retained Earnings changed? Account Is the account increased or decreased? Increase so Cash Decrease Increase $0 Accounts Receivable Decrease Increase Supplies $0 Decrease Increase Tools $0 Decrease Increase Accounts Payable $ Decrease Capital Stock Increase Decrease $ OO Increase Retained Earnings $ Decrease Choose One Revenue Expense Dividends