Question: Please answer Increase or Decrease or No effect 11. Paid P20,000.00 to supplier. Effect on Asset? 12. Paid P20,000.00 to supplier. Effect on Liabilities? 13.

Please answer Increase or Decrease or No effect

11. Paid P20,000.00 to supplier. Effect on Asset? 12. Paid P20,000.00 to supplier. Effect on Liabilities? 13. Shushubear invests cash. Effect on Equity? 14. Shushubear invests cash. Effect on Asset? 15. Debit Taxes Payable. Effect on Expenses? 16. Debit Used Office Supplies. Effect on Liabilities? 17. Credit Unused Office Supplies. Effect on Expenses? 18. Credit Service Income Effect on Income? 19. Credit Cash on Hand Effect on Petty Cash? 20. Debit Cash in Bank Effect on Asset

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