Question 16 (2 points) Signed a contract with a new supplier to purchase $10,000 of inventory next month. a) Decrease equity b) Increase liabilities c) Increase assets O d) Decrease liabilities e) Decrease assets f) Increase equity g) This is an event, not a transaction. Question 17 (2 points) Received from a customer $935, cash, in August for services to be performed in September. a) Increase liabilities b) Decrease equity c) Decrease liabilities d) Decrease assets e) Increase equity f) This is an event, not a transaction. g) Increase assets