9 Transaction analysis LO2 The following is a list of independent economic events: i Purchased inventory on account ii Paid dividends at the end of the year. iii Received cash in payment for services iv Issued shares (contributed equity) for cash. v Paid rent in cash vi Received a bill for electricity used. vii Bought equipment for cash viii Billed customers for services. Required to make consistent with other answer formats change to a Indicate the accounts that would be affected by each transaction. Indicate whether each transaction increases, decreases, or has no effect on assets, labilities and shareholders' equity b