Presented below are three economic events. in each column, indicate whether the event increased, decreased, or had no effect on assets, liabilities, and stockholders’ equity.

assets liabilities stockholders’ equity
(a) purchased supplies on account. entry field with incorrect answer decreasedno effectincreased entry field with correct answer increasedno effectdecreased entry field with incorrect answer decreasedincreasedno effect
(b) received cash for providing a service. entry field with correct answer increasedno effectdecreased entry field with correct answer increasedno effectdecreased entry field with incorrect answer no effectincreaseddecreased
(c) expenses paid in cash. entry field with incorrect answer increaseddecreasedno effect entry field with incorrect answer decreasedno effectincreased entry field with correct answer increaseddecreasedno effect

(a) Purchased supplies on account.

Increase assets and liabilities

(b) Received cash for providing a service.

Increase assets and equity

(c) Expenses paid in cash.

Decrease assets and equity

Explanation:

(a) The company acquire an assets but to do so; it take a liability. In the future it will be forced to pay the credit given today

(b) The company receive an assets(cash) by prvoviding services which is the main activity. The equity represebt both, the owner investment and the earning of the business. In this case this is an earning so it increase equity

(c) The rgannizatioon used an asset to afford their obligation. This is a negative result thus; equity decrease

the correct answer is - no.

winnipeg, canada, is not further away from the equator than moscow, russia, in fact moscow is the city that is further away from the equator. moscow is on a latitude of 55.7558° north, while winnipeg is on a latitude of 49.8951° north, thus putting moscow by 5.8607° further away from the equator than winnipeg is.

i would say iii (3) because in order to compare a price you have to use as a reference other near stores because it's its

hope i explained myself