7155 \"'3'\": . 5564! WRITE THE NUMBER CORRESPONDING TO THE EFFECT OF EACH TRANSACTION. AVOID PUTTING SPACE RIGHT AFTER YOUR ANSWER. (2 pts each) Indicate the effect of each of the below transactions on the accounting equation and determine whether the transaction is: an increase in an asset and an Increase in a liability an increase in a asset and an increase in owner's equity an increase in an asset and a decrease in another asset a decrease in an asset and a decrease in a liability a decrease in an asset and a decrease in owner's equity thwl'dl" 1. Received cash for common * stock Your answer 2. Purchased supplies for cash * Your answer Ill [3 (3 7155 '53. . 55\"! 3. Purchased equipment on * account Your answer 4. Billed customers for services on * account Your answer 5. Paid creditor on account * Your answer Back Next Clear form Never submit passwords through Google Forms. This form was created inside of Baliwag Polytechnic College. Report Abuse Google Forms C]