For Each of the Following Indicate Whether the Transaction Increased

question 12

Essay

For each of the following indicate whether the transaction increased (+) decreased (-) or had no effect (NE) on assets liabilities and owner's equity using the following format.
Assets = Liabilities + Owner's Equity
1. Made an investment to start the business.
2. Billed customers for services performed.
3. Purchased equipment on account.
4. Withdrew cash for personal use.
5. Paid for equipment purchased in 3. above.

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Definitions:

Landscaping

The process of making a yard or other piece of land more attractive by altering the existing design, adding ornamental features, and planting trees and shrubs.

Stained Carpet

A carpet that has been marked or discolored, typically by spills or dirt, affecting its appearance and possibly requiring special cleaning to restore.

Delivery Gap

The discrepancy between a customer's expectations of a service and the actual service delivered, often leading to dissatisfaction.

Technology

The application of scientific knowledge for practical purposes, especially in industry and daily life.