AME Engage Q11 Take me to the tal dicate whether the accoud banews will increase or decrease and by how much, based on each transaction. The done for you Always ensure that the accounting equation is balance Do not amar datarios.or.commas in the outs en fornem beau amunt.in the second Transaction Assets Net Worth Purchased a new TV for $1400 on credit Purchased $55 worth of ga on t 1400 5400 21 Made $850 student in payment. 3) Purchased a desk for $1,020 cash 4 Prepaid three months of insurance with $270 cash Rected a cash gift of 3830 6) Used up one of three months of prepaid insurance 71 Paidint of $43 in cash on the c Received a utility bill her to be paid next Check Quit navigation Contact us! Indicate whether the account balances will increase or decrease and by how much, based on each transaction. The first one has been done for you. Always ensure that the accounting equation is balanced Do not enter dollar signs or commas in the input box Use the negative.aign.for.negative.values. Where a transaction affects two accounts in the same category.enter the positive amount in the first space raided art enter the negative amount in the second Transaction Purchased a new TV for $1,400 on credit 1) Purchased $55 worth of gas on credit. 21 Made a $550 student loan payment 31 Purchased a desk for $1020 cash Assets Liabilities Net Worth 1400 1400 4) Prepaid three months of insurance with $270 cash Si Received a cash gift of $830 6) Used-up one of three months of prepaid insurance 7) Paid interest of $43, in cash, on the car loan 8) Received a utility bill for $76 to be paid next month Endian hru Pl