Question: = Liabilities + Stockholders Equity 1 . Obtain a loan at the bank.Increase = Increase + No effect 2 . Purchase a machine to use
LiabilitiesStockholders Equity Obtain a loan at the bank.IncreaseIncreaseNo effect Purchase a machine to use in operations for cash.DecreaseNo effectNo effect Provide services to customers for cash.Increase Pay employee salaries for the current month. Repay loan from the bank in above. Customers pay cash in advance of services. Pay for maintenance costs in the current month. Pay for advertising in the current month. Purchase office supplies on account. Provide services to customers on account. Pay dividends to stockholders.
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