XYZ Company purchased office supplies for $1,900 cash.

The firm performed $3,000 of delivery services for a customer who agreed to pay XYZ Company next month.

XYZ purchased $40,000 worth of store equipment from Libby Company by paying $8,000 cash and agreeing to pay the remainder within six months.

XYZ received $5,000 cash for services to be performed for a customer next month.

XYZ Company recorded the adjusting entry to accrue salaries of $10,000 for the year

1.	assets increase; liabilities increase; equity no effect
2.	assets increase; liabilities no effect; equity increase
3.	assets no effect; liabilities no effect; equity no effect
4.	assets decrease; liabilities decrease; equity no effect
5.	assets no effect; liabilities increase; equity decrease
6.	assets decrease; liabilities decrease; equity decrease
7.	assets no effect; liabilities decrease; equity increase
8.	assets increase; liabilities increase; equity increase
9.	assets decrease; liabilities no effect; equity decrease