ain, congratulations! You made it. Now Indicate whether it is an increase (+), decrease (-), or no NE) on the asset, liabilities, and equity accounts. Assets Liabilities Equity Investment of cash in the busimess NE Purchase of computer equipment for cash Billed a customer for services rendered NE Paid salaries Purchased office supplies on credit Paid advertising expense Paid rent in advance for 3 months Received cash from customers on account NE NE Withdrew cash for personal use Invested land into the company

ain, congratulations! You made it. Now Indicate whether it is an increase (+), decrease (-), or no NE) on the asset, liabilities, and equity accounts. Assets Liabilities Equity Investment of cash in the busimess NE Purchase of computer equipment for cash Billed a customer for services rendered NE Paid salaries Purchased office supplies on credit Paid advertising expense Paid rent in advance for 3 months Received cash from customers on account NE NE Withdrew cash for personal use Invested land into the company

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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