=+10. Paid cash to owner for personal use, $3,000.

Indicate the effect of each transaction on the accounting equation by listing the numbers identifying the transactions, (1) through (10), in a column, and inserting at the right of each number the appropriate letter from the following list:

a. Increase in an asset, decrease in another asset.

b. Increase in an asset, increase in a liability.

c. Increase in an asset, increase in owner’s equity.

d. Decrease in an asset, decrease in a liability.

e. Decrease in an asset, decrease in owner’s equity.