The expanded accounting equation must remain balanced after each transaction

ASSET = LIABILITIES + CAPITAL - DRAWING + REVENUES - EXPENSES

IF YOU INCREASE AN ASSET, YOU CAN INCREASE CAPITAL.
[Example: The owner invested cash in the business.] 
A = L + C - D + R - E
+       +            

IF YOU DECREASE AN ASSET, YOU CAN DECREASE CAPITAL.
[Example: The owner withdrew cash for personal use.]
A = L + C - D + R - E
-       -            

IF YOU INCREASE AN ASSET, YOU CAN DECREASE A DIFFERENT ASSET.
[Example: Bought supplies with cash.]
A = L + C - D + R - E
+,-                  

IF YOU INCREASE AN ASSET, YOU CAN INCREASE A LIABILITY

[Example: Purchased equipment on account.]
A = L + C - D + R - E
+   +              

IF YOU INCREASE AN ASSET, YOU CAN INCREASE REVENUE.

[Example: Received cash for services performed.]
A = L + C - D + R - E
+             +    

IF YOU DECREASE AN ASSET, YOU CAN DECREASE LIABILITY.

[Example: Paid what we owned to a creditor.]
A = L + C - D + R - E
-    -               

IF YOU DECREASE AN ASSET, YOU CAN INCREASE AN EXPENSE.

[Example: Paid the electricity bill.]
A = L + C - D + R - E
-                  +

IF YOU INCREASE A LIABILITY, YOU CAN INCREASE AN EXPENSE.

[Example: Recorded advertising expense to be paid later.]
A = L + C - D + R - E
    +             +

IF YOU INCREASE A LIABILITY, YOU CAN DECREASE A DIFFERENT LIABILITY.

[Example: Transferred an account payable to a note payable.]
A = L + C - D + R - E
    +,-              
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