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Exerclse 13.6A (Static) identifying transaction type, its effect on the accounting equation, and whether the effect is recorded with a debit or credit LO 131 Required Idently whether each of the following transactions is an asset source (AS), asset use (AU), asset exchange (AE), or claims exchange (CE) Also explain how each event affects the accounting equation by placing a - for increase, and - for decrease under each of the elements of the accounting equation. Finally, indicate whether the effect requires a debit or credit entry Not all cells may require an input - leave cells blank if there is no corresponding input needed. The first event is recorded as an example. a. Purchased supplies on account. b. Acquired cash from the issue of commen stock. c. Paid cash in advance for one year of rent d. Pald salaries payable. e. Recelved cash for services to be performed in the future. f. Pald a cash dividend to the stockholders. 9. Received cash in payment of accounts recelvable: h. Pald accounts payable L. Provided services for cash. I. Recognized expense for supplies used during the perlod. k. Recegnized revenue lot services completed for which cash had been collected previously. ilncurred other operating expenses on account. in. Purchased land with cash. \begin{tabular}{|c|c|c|c|c|c|} \hline Evrot & Theof Erents & & & & Retainer \\ \hlineaa & & & & & \\ \hline a & & & 1 & & + \\ \hline & = & t & & E & 4 \\ \hlinegt & & = & & & \\ \hline \begin{tabular}{ll} h \\ h \\ \end{tabular} & & & & & 3 \\ \hline 1 & & & & & 8= \\ \hline1k & & & & & \\ \hline & & & & & \\ \hline \end{tabular}

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