Question: # 1 3 (10 points) Match each transaction with its efect on the accounting equation or items 13 through 27 Eac letter may be used

 # 1 3 (10 points) Match each transaction with its efect

# 1 3 (10 points) Match each transaction with its efect on the accounting equation or items 13 through 27 Eac letter may be used more than once. a. Increase assets, increase liabilities b. Increase liabilities, decrease stockholders' equity c. Increase assets, increase stockholdens' equity d. No effect e. Decrease assets, decrease liabilities f. Decrease assets, decrease stockholders' equity 13. Received cash for services provided 14. Received utility bill to be paid next month 15. Contribution of land by stockholder 16. Paid part of an amount owed to a creditor 17. Paid cash for the purchase of supplies 18. Received payment from a customer on account 19. Payment of dividends 20. Provided a service to a customer on account 21. Purchased supplies on credit 22. Paid wages 23. Payment for common stock by stockholder 24. Borrowed money from a bank 25. Purchased equipment for cash 26. Received cash for providing services to customers 27. Used up supplies that were already on hand

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