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PLease Help me quickly; THANK YOU Which accounts are affected, and in which direction, by...

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Accounting

PLease Help me quickly; THANK YOU 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. Received the bill for the use of your business phone this month, $120 plus HST. You will pay it next month. Question 13 options: 1) Decrease Telephone Expense 2) No entry required 3) Increase Accounts Payable 4) Increase Equipment 5) Increase Telephone Expense 6) Increase Cash 7) Decrease Accounts Receivable 8) Decrease Accounts Payable 9) Decrease Cash 10) Decrease Equipment 11) Increase Accounts Receivable

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