Select your answers from the following list of the...
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Accounting
Select your answers from the following list of the possible effects of a transaction on the accounting equation: 1. Assets, Dr.; Assets, Cr. 2. Assets, Dr.; Owner's Equity, Cr. 3. Assets, Dr.; Liabilities, Cr. 4. Liabilities, Dr.; Assets, Cr. 5. Owner's Equity, Dr.; Assets, Cr. 6. Owner's Equity, Dr.; Liabilities, Cr. Analyze the effect of the following transactions on the accounting equation. Select the appropriate number next to each transaction below a. Paid $725 to a vendor for supplies purchased previously on account. b. Performed $850 of services and billed the customer. c. Received a utility bill for $395 and will pay it next month. d. Withdrew $145 cash for personal use. e. Paid $315 in salaries to employees. f. Collected $730 of cash from customers on account
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