Which accounts are affected, and in which direction, by the following business activity? Use account names from the expanded accounting equation. Select all that apply. Paid rent for the month just ended, $4,000. No previous entries regarding this month's rent have been made. (1) Increase Prepaid Rent (2) Increase Rent Expense (3) Increase Accounts Receivable Q4) Decrease Accounts Payable (5) Increase Accounts Payable (6) Decrease Prepaid Rent 7) No entry requiredPurchase equipment for $8,000 cash. (1) Increase Accounts Payable (2) Decrease Equipment Expense (3) Increase Equipment (4) Increase Cash Q5) Decrease Accounts Payable 6) Increase Equipment Expense 7) Decrease Equipment ()8) Decrease Accounts Receivable (9) No entry requiredPurchase supplies for $750 using a credit card. (1) Increase Cash (2) Increase Supplies 3) Increase Accounts Receivable (4) Increase Accounts Payable (5) Decrease Accounts Payable 6) Decrease Supplies Expense (7) Increase Supplies Expense (8) Decrease Accounts Receivable (9) No entry requiredPaid $800 for electricity usage to date. (Electricity is a utility.) 1) Increase Utilities Expense 2) Decrease Utilities Expense (3) No entry required Q4) Decrease Accounts Payable 5) Decrease Prepaid Utilities 6) Decrease Cash 7) Increase Accounts Receivable 8) Increase Accounts Payable (9) Increase Cash