1.Indicate whether the transaction increases, decreases, or has no effect.

Assets= Liabilities + Net Worth

Received a cash donation from community member-

Received cash on account for services bulled in a prior period-

Paid cash for employees salaries for the current month

Borrowed cash by issuing bonds-

Purchased new equipment on account-

Purchased supplies on account-

Borrowed cash from the bank-

Paid cash for utilities for the current month-

Paid cash for supplies purchased on account in prior period-