TRANSACTIONS

Paid $$2,100$ for utilities.

Performed services for $$10,500$ on account.

Received $$6,500$ from charge account customers.

Paid salaries of $$4,500$ to employees.

Paid $$8,000$ to a creditor on account.

Owner invested $$90,000$ in the business.

Purchased $$26,700$ of supplies on account.

Purchased equipment for $$21,000$ cash.

Paid $$6,000$ for rent $($in advance$).$

Performed services for $$7,800$ cash.

Indicate the impact of each of the transactions on the fundamental accounting equation $($Assets $=$ Liabilities $-$ Owner's Equity$)$ by placing a "I" to indicate an increase and a $"D"$ to indicate a decrease. The first transaction is entered as an example.

Note: If transaction causes one account to increase and another to decrease within the same classificatich of the accounting equation, select I and D$.$

$\backslash$table$[[$Transaction$,$Assets,$=,$Liabilities,$+,$Owner's Equity$],[1.,$D$,=,,+,$D$],[2.,1,=,2,+,1],[3.,$I and $D,=,,+,],[4.,$D$,=,,+,D$