Assets Liabilities Owner's Equity 0 = = " " 0 4 English (e Indicate whether the terms of the accounting equation will increase, decrease or stay the same for each transaction by choosing the appropriate action from the drop down menu. If an item is not changed by the transaction, select the option "No Change." Transaction 1) Paid salaries for the current month. 2) Purchased equipment on credit. 0 = " 0 3) Purchased furniture using cash. 4) Made an additional investment into the business. 5) Received payment for services to be provided next month. 6) Made partial payment for equipment purchased on credit. 7) Billed customers for services performed. 8) Withdrew cash for personal use. 9) Received payment from customers already billed. 10) Received bills for utilities to be paid next month. Check " " " " O O " O " + " 00 0