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 Assets Liabilities Net Worth Purchased a new TV for $1,100 on credit. 1100 1100 1) Purchased $112 worth of gas on credit. 112 (2) Made a $890 student loan payment. 3) Purchased a desk for $960 cash. 4) Prepaid three months of rent with $3,540 cash. 5) Received a cash gift of $810. 6) Used up one of three months of prepaid rent. 7) Paid interest of $45, in cash, on the car loan. 8) Received an internet bill for $92 to be paid next month