Seven transactions follow. For each transaction, indicate if the transaction increases, decreases, or has no effect on
(a) Accounts receivable,
(b) Notes receivable,
(c) Total assets,
(d) Total liabilities,
(e) Owner's equity.
Use the following format, in which the first transaction is given as an example:

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Total Receivableble Assets Liabilities Equity IncreaseNo efft IncreaseNo effect ncrease Accounts Notes Total Owners Transaction: 1. Performed services on account for a customer. 2. A customer paid cash for services to be provided next month. 3. Performed services for a customer in exchange for a note. 4. Collected cash from the customer in transaction 1. above. . Performed services for a customer for 6. Extended a customer's account for three months by accepting a note in exchange for it. 7. Performed services for a customer who had paid in advance.