References Mailings Review View Help Table Design Layout b) For each of the transactions identified below, state how the asset, liability and/or equity accounts increase or decrease. Name the account and indicate whether it would be recorded as a Debit or Credit. (15 Marka) LIABILITIES EQUITY Increase Credit Contributed Capital 55000 ASSETS Eg. Owner contributes Increase $5000 cash to the Debit Cash business. $5,000 a. Obtained a loan to buy equipment for $40,000 b. Received $3000 in inventory goods from supe on supplier's credit c. Sold the goods in b. I d. Invoiced the customar $6000 for the sale in c. .. Pald the supplier in b. $3000 1. Paid GST (tax) of $2000 D Q O 000 DDD 12 Home F F7 FB FO F10 F11