Question

旻

請問3asset為什麼有減少

ansactions on
quity.
ties, and equity. For example,
E1.7 (LO 4) Collins Computer Timeshare entered into the following transactions during May 2020.
1. Purchased computers for R$20,000 from Digital Equipment on account.
2. Paid R$4,000 cash for May rent on storage space.
3. Received R$17,000 cash from customers for contracts billed in April.
4. Performed computer services for Viking Construction for R$4,000 cash.
5. Paid Tri-State Power R$11,000 cash for energy usage in May.
anolfountant
6. Shareholders invested an additional R$29,000 in the business in exchange for ordinary shares.
7. Paid Digital Equipment for the computers purchased in (1) above.
8. Incurred advertising expense for May of R$1,200 on account.
doemsil
Instructions
Indicate with the appropriate letter whether each of the transactions above results in:
a. An increase in assets and a decrease
in assets.
ats and an increase
e. A decrease in assets and a decrease
in liabilities.
f. An increase in liabilities and a decrease