Question: does it effect on the asset, libilities, owner's equity Cash Accounts Receivable 7. Incurred advertising expense on account. 8. Purchased additional equipment for cash. Equipment

does it effect on the asset, libilities, owner's equity

Cash Accounts Receivable 7. Incurred advertising expense on account. 8. Purchased additional equipment for cash. Equipment Cash 9. Received cash from customers when service was performed. Cash Accounts Receivable 7. Incurred advertising expense on account. 8. Purchased additional equipment for cash. Equipment Cash 9. Received cash from customers when service was performed

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