of 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 television for $1,300 on credit. 1300 1300 1) Purchased $68 worth of gas on credit. 2) Made a $960 student loan payment. 3) Purchased a couch for $910 cash. 4) Prepaid three months of insurance with $630 cash.