Which statement is correct regarding entering transactions into the accounting equation?

Multiple choice question.

After recording a transaction, the total of the right side of the accounting equation must equal the total of the left side of the accounting equation.

If one asset account is increased, then another asset account must be decreased in order for the left side of the accounting equation to be balanced.

If total assets are increased, then liabilities only are increased as well.

If one account is credited, then at least one other account must be credited as well.

Multiple choice question.

Enter $$8,000$ on the left side of Cash; enter $$8,000$ on the right side of Accounts payable.

Enter $$8,000$ on left side of Cash; enter $$8,000$ on the right side of Service revenue.

Enter $$8,000$ on the left side of Service revenue; enter $$8,000$ on the right side of Cash.

Enter $$8,000$ on the right side of Service revenue; enter $$8,000$ on the left side of Accounts receivable.