Match each transaction with its effect on the accounting equation. Each letter may be used more than once.

Question 3 options:

123456	Provided a service to a customer on account
123456	Received cash for providing services to customers
123456	Contribution of land by stockholder
123456	Paid part of an amount owed to a creditor
123456	Received utility bill to be paid next month
123456	Received payment from a customer on account
123456	Used up supplies that were already on hand
123456	Borrowed money from a bank
123456	Received cash for services provided
123456	Payment of dividends
123456	Purchased equipment for cash
123456	Paid wages
123456	Paid cash for the purchase of a one-year insurance policy
123456	Payment for common stock by stockholder
123456	Purchased supplies on credit

1.	Increase assets, increase liabilities
2.	Increase liabilities, decrease stockholders' equity
3.	Increase assets, increase stockholders' equity
4.	No effect
5.	Decrease assets, decrease liabilities
6.	Decrease assets, decrease stockholders' equity