Several transactions are listed below, with an expanded accounting equation stated to the right side of each. Use the following identification codes to indicate the effects of each transaction on the accounting equation: I = Increase; D = Decrease; NE = No Effect. Write your answers in the space provided under the accounting equation, being sure to include an identification code for each element of the accounting equation. 
Definitions:
Conservative Values
Conservative Values are principles that emphasize tradition, stability, and respect for authority, often associated with right-leaning political ideologies.
Fundamental Issues
Core or primary concerns, problems, or disputes that are essential to the nature of a subject or context.
Historical Development
The process of evolution and change in societies, institutions, or constructs over time.
Racial Stereotypes
Oversimplified and generalized beliefs about individuals based on their race or ethnicity.
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