PLEASE ANSWER ASAP

Question 1 (2 points) Which accounts are affected, and in which direction, by the following business activity? Use account names from the expanded accounting equation. Select all that apply. Purchased a business licence for $60 using a credit card. 1) No entry required 2) Increase Licence Expense 3) Decrease Business Licence 4) Increase Business Licence 5) Increase Cash 6) Decrease Accounts Receivable | 7) Decrease Cash 8) Increase Accounts Receivable 9) Decrease Licence Expense 10) Increase Accounts Payable 11) Decrease Accounts Payable Which accounts are affected, and in which direction, by the following business activity? Use account names from the expanded accounting equation. Select all that apply. Customers paid $1,400 cash for services to be provided next month. 1) Decrease Deferred Revenue 2) Decrease Accounts Receivable 3) Decrease Service Revenue 4) Decrease Accounts Payable 5) Increase Accounts Receivable 6) Increase Deferred Revenue 7) Increase Accounts Payable 8) Increase Cash 9) Increase Service Revenue | 10) No entry required 11) Decrease Cash Which accounts are affected, and in which direction, by the following business activity? Use account names from the expanded accounting equation. Select all that apply. Delivered all the flyers you purchased from Staples and which you paid for last month. 1) Increase Accounts Payable 2) No entry required 3) Increase Advertising Expense | 4) Decrease Prepaid Advertising 5) Increase Accounts Receivable 6) Decrease Accounts Payable 7) Decrease Accounts Receivable 8) Decrease Advertising Expense 9) Increase Cash 10) Decrease Cash | 11) Increase Prepaid Advertising Which accounts are affected, and in which direction, by the following business activity? Use account names from the expanded accounting equation. Select all that apply. Paid the bill of $2,500 for supplies purchased last month. | 1) No entry required 2) Decrease Accounts Payable 3) Increase Accounts Receivable 4) Decrease Supplies 5) Increase Cash 6) Decrease Accounts Receivable 7) Decrease Cash 8) Increase Supplies 9) Increase Supplies Expense 10) Decrease Supplies Expense 11) Increase Accounts Payable Provide the missing number in the following equation. Enter only the digits as a positive number - no +, -, or dollar signs, commas, decimal points, or pennies. Profit = 11550, Dividends = 1000, Retained Earnings = A/