In the columns below, indicate whether each transaction caused and increase ( ), a decrease ( ), or no change (NC) in assets, liabilities, and owners equity Transaction Assets Liabilities Owners equity a Withdrawal of cash by owner b Purchase of an asset for cash c Purchase of an asset on account d Received, but did not pay, water bill e Paid wages not previously recorded f Invested equipment in the business

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Question: In the columns below, indicate whether each transaction caused and increase (+), a decrease (-), or no change (NC) in assets, liabilities, and owners equity.

In the columns below, indicate whether each transaction caused and increase (+), a decrease (-), or no change (NC) in assets, liabilities, and owners equity.

*Transaction*	*Assets*	*Liabilities*	*Owners equity*
a. Withdrawal of cash by owner	__________	__________	__________
b. Purchase of an asset for cash	__________	__________	__________
c. Purchase of an asset on account	__________	__________	__________
d. Received, but did not pay, water bill	__________	__________	__________
e. Paid wages not previously recorded	__________	__________	__________
f. Invested equipment in the business	__________	__________	__________

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