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Which accounts are affected, and in which direction, by the following business activity? Use account names from the expanded accounting equation. Select all that apply. Delivered all the flyers you purchased from Staples and which you paid for last month. 1) Decrease Accounts Receivable O2) Decrease Accounts Payable 3) Increase Accounts Payable 4) No entry required 5) Decrease Prepaid Advertising 6) Decrease Advertising Expense

Which accounts are affected, and in which direction, by the following business activity? Use account names from the expanded accounting equation. Select all that apply. Delivered all the flyers you purchased from Staples and which you paid for last month. 1) Decrease Accounts Receivable 2) Decrease Accounts Payable 3) Increase Accounts Payable 4) No entry required 5) Decrease Prepaid Advertising 6) Decrease Advertising Expense