Indicate whether the account balances will increase or decrease and by how much, based on each transaction. The first one has been done for you. Always ensure that the accounting equation is balanced. Do not enter dollar signs or commas in the input boxes. Use the negative sign for negative values. Where a transaction affects two accounts in the same category, enter the positive amount in the first space provided and enter the negative amount in the second Transaction Purchased a new TV for $1,300 on credit. 1) Purchased $83 worth of fuel on credit. 2) Made a $970 bank loan payment. 3) Purchased a chandelier for $990 cash. Assets Liabilities Net Worth 1300 1300 4) Prepaid three months of rent with $3,300 cash.