For the following business events, please indicate the increase (+) or decrease (-) on the following...

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For the following business events, please indicate the increase (+) or decrease (-) on the following income statement and balance sheet categories. If there is no effect, leave the box blank. If there is no entry required, clearly write "NO ENTRY" across the boxes. Hint: Prepare the journal entry first to determine which accounts are being affected and whether they cause an increase or decrease in the categoties below. Stock- Holder's Example: Salaries paid in cash during the period 1. Services are performed and the customer is billed, with payment due in 30 days. 2. Utility bill is received but is not due until next month. 3. An employee is hired to start work next week. 4. A retailer records a Cost of Goods Sold entry. 5. Under the allowance method, a customer account is written-off as uncollectible. 6. An entry is made at year-end to record depreciation. 7. Employer's payroll taxes are recorded for the pay period. 8. Common stock with a par value of $10 is issued for $45 per share Assets Liabilities Equity 9. A dividend of $0.50 per share is declared. 10. A company issues $10,000,000 of bonds at a discount. Revenue Expense For the following business events, please indicate the increase (+) or decrease (-) on the following income statement and balance sheet categories. If there is no effect, leave the box blank. If there is no entry required, clearly write "NO ENTRY" across the boxes. Hint: Prepare the journal entry first to determine which accounts are being affected and whether they cause an increase or decrease in the categoties below. Stock- Holder's Example: Salaries paid in cash during the period 1. Services are performed and the customer is billed, with payment due in 30 days. 2. Utility bill is received but is not due until next month. 3. An employee is hired to start work next week. 4. A retailer records a Cost of Goods Sold entry. 5. Under the allowance method, a customer account is written-off as uncollectible. 6. An entry is made at year-end to record depreciation. 7. Employer's payroll taxes are recorded for the pay period. 8. Common stock with a par value of $10 is issued for $45 per share Assets Liabilities Equity 9. A dividend of $0.50 per share is declared. 10. A company issues $10,000,000 of bonds at a discount. Revenue Expense