BE$1\mathrm{.}7($LO $4),$ C Determine effect of transactions on basic accounting equation. The following are three business transactions. Create a table with rows $($a$),($b$),$ and $($c$),$ and columns for assets, liabilities, and stockholders' equity. For each column, indicate whether the transactions increased $(),$ decreased $(-),$ or had no effect $($NE$)$ on assets, liabilities, and stockholders' equity.

a$.$ Purchased supplies on account.

b$.$ Received cash for performing a service.

c$.$ Paid expenses in cash.