Question: Indicate whether each transaction that follows caused an increase (+), a decrease (-), or no change (NC) in assets, liabilities, and stockholders equity. Purchased supplies

Indicate whether each transaction that follows caused an increase (+),

a decrease (-), or no change (NC) in assets, liabilities, and stockholders equity.

  1. Purchased supplies on credit.
  2. Paid for previously purchased supplies.
  3. Paid employees weekly wages.
  4. Paid a dividend to stockholders.
  5. Purchased a truck with cash.
  6. Received a telephone bill to be paid next month.

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