Purchased a machine for NT $$50,000$ from Skypower on account.

Paid NT $$8,000$ cash for May rent on storage space.

Received NT$$20,000$ cash from Juli Company for contracts billed in March.

Provided services to Piggy Company for NT$$3,000$ cash.

Shareholder invested an additional NT $$16,000$ in the business.

Incurred advertising expense for May of NT $$1,200$ on account.

Paid Skypower for the machine purchased in $(1)$ above.

Required:

Indicate with the appropriate letter whether each of the transactions results in:

an increase in assets and a decrease in assets.

an increase in assets and an increase in equity.

an increase in assets and an increase in liabilities.

a decrease in assets and a decrease in equity.

a decrease in assets and a decrease in liabilities.

an increase in liabilities and a decrease in equity.

an increase in equity and a decrease in liabilities.