Match the transactions below with how they would affect the different accounting categories on the balance sheet or the income statement. (A plus (+) sign indicates increase. A minus (-) sign indicates decrease).

1. Borrow $10,000 from the bank

• liabilties, - stockholders' equity
• -assets, -liabilities
• +assets, +stockholders' equity, +net income
• +liabilities, -stockholders' equity, -net income
• no effect

2. Employee wages of $600 for the last week of the month have not been recorded.

• liabilties, - stockholders' equity
• -assets, -liabilities
• +assets, +stockholders' equity, +net income
• +liabilities, -stockholders' equity, -net income
• no effect

3. A contract was signed with a local radio station for a $100 advertisement; the ad has not aired yet.

• liabilties, - stockholders' equity
• -assets, -liabilities
• +assets, +stockholders' equity, +net income
• +liabilities, -stockholders' equity, -net income
• no effect

4. Employees were paid $1,900 in wages for their work during the first three weeks of the month.

• liabilties, - stockholders' equity
• -assets, -liabilities
• +assets, +stockholders' equity, +net income
• +liabilities, -stockholders' equity, -net income
• no effect

5. Received $180 of interest income for the current month.

• liabilties, - stockholders' equity
• -assets, -liabilities
• +assets, +stockholders' equity, +net income
• +liabilities, -stockholders' equity, -net income
• no effect

6. During the month, the board of directors declared a cash dividend of $1,200, payable next month.

• liabilties, - stockholders' equity
• -assets, -liabilities
• +assets, +stockholders' equity, +net income
• +liabilities, -stockholders' equity, -net income
• no effect