19. Indicate the net effect (increase, decrease or no effect) of each of the following transactions on each part of the accounting equation, Assets = Liabilities + Equity. For example, for payment of an accounts payable balance, A (decrease) = L (decrease) + E (no effect). Transaction Impact on Assets Impact on Liabilities Sale of merchandise to customer on account [ Seleccionar > [ Seleccionar Payment on note payable [Seleccionar [ Seleccionar Purchase of equipment for cash [ Seleccionar [Seleccionar Collection of accounts receivable [Seleccionar Seleccionar Purchase of supplies on account [ Seleccionar [ Seleccionar