Business, 18.07.2020 17:01 beluvangel418

Analyze the transactions of a business, organized as a corporation, described below and indicate the effect (Increase, Decrease or No Change) on the basic Accounting Equation components: Transaction Details Assets = Liabilities + Shareholders' Equity
1. Received cash for services rendered.
2. Purchased office equipment on credit.
3. Paid employees salaries.
4. Received cash from customer in payment on account.
5. Paid telephone bill for the month.
6. Paid for office equipment purchased in transaction 2.
7. Purchased office supplies on credit.
8. Dividends were paid.
9. Obtained a loan from the bank.
10. Billed customers for services rendered.

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Analyze the transactions of a business, organized as a corporation, described below and indicate the...