1.

Assets	Liabilities Equity
a.	-	NE	-
b.	+	NE	+
c.	+,-	NE	NE
d.	NE	-	-
e.	No transaction

Use the following chart to answer how each transaction affects the accounting equation for the transactions listed below

Recognized depreciation expense

A

C

E

D

B

2.

Assets	Liabilities Equity
a.	-	NE	-
b.	+	+	NE
c.	+,-	NE	NE
d.	+	NE	+
e.	No transaction

Use the following chart to answer how each transaction affects the accounting equation for the transactions listed below

Recoginized the gain on the sale of equipment.

C

A

E

D

B

3.

QUESTION 14

1. 	Assets	Liabilities Equity
   a.	-	NE	-
   b.	+	+	NE
   c.	+,-	NE	NE
   d.	NE	-	-
   e.	No transaction

   Use the following chart to answer how each transaction affects the accounting equation for the transactions listed below

   Paid Dividends to stockholders.

   D

   B

   E

   C

   A

   4.

   Assets	Liabilities Equity
   a.	-	NE	-
   b.	+	+	NE
   c.	+,-	NE	NE
   d.	NE	+	-
   e.	No transaction

   Use the following chart to answer how each transaction affects the accounting equation for the transactions listed below

   Accrued interest on a note payable.

   		B
   		C
   		E
   		D
   		A