LO 3.4Indicate the net effect (+ for increase; for decrease; 0 for no effect) of each of the following transactions on each part of the accounting equation, Assets = Liabilities + Equity. For example, for payment of an accounts payable balance, A () = L () + E (0).

1. Payment of principal balance of note payable
2. Purchase of supplies for cash
3. Payment of dividends to stockholders
4. Issuance of stock for cash
5. Billing customer for physician services provided

EB23. LO 3.5 Post the following August transactions to T-accounts for Accounts Payable and Supplies, indicating the ending balance (assume no beginning balances in these accounts): A. purchased supplies on account, $600 B. paid vendors for supplies delivered earlier in month, $500 C. purchased supplies for cash, $450