Question: Assets Liabilities Equity a. - NE - b. + + NE c. +,- NE NE d. NE + - e. No transaction Use the following
| 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.
| C | ||
| A | ||
| E | ||
| B | ||
| D |
Recieved cash in advance of services to be performed.
| A | ||
| D | ||
| E | ||
| C | ||
| B |
Paid to replacethe roof on the companies building .
| B | ||
| A | ||
| D | ||
| C | ||
| E |
Accrued interest on a note receivable.
| B | ||
| D | ||
| A | ||
| C | ||
| E |
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