6. Indicate in the following transactions, the effects (Increase / Decrease / No effects) on the accounting equation of the company: Asset Increase Liabilities Increase Equity No effects Transactions Example Purchase van by taking loan a The owner invests personal cash in the business. b The company receives cash from a bank loan. The company purchases equipment with its cash. d The owner contributes his/her personal truck to the business. e The company purchases a significant amount of supplies on credit. f The owner withdraws cash from the business for personal use. The company repays the bank that had lent money to the company. g The company purchases land by paying half in cash and signing a note payable for the other half. f g g