A transaction is listed below. Select the effect of the transaction on assets, liabilities and equity. You will always select two options. For example, if a company issued common stock to investors in exchange for cash, this would (1) increase assets and (2) increase equity. Received cash from customers who were previously billed Increase assets Decrease assets Increase liabilities Decrease liabilities Increase equity Decrease equity Question 30 (2 points) A transaction is listed below. Select the effect of the transaction on assets, abilities and equity. You will always select two options. For example, if a company issued common stock to investors in exchange for cash this would (1) increase assets and (2) Increase equity MacBook Air BO 009 1 f 13 DO 4 ) f 29 - A #ly 3 $ 4 % a 50 & B 7 * 00 90 6 9 4 EV y N 3 on D % E 7 R. W T : A By 0 P Y U S + 1 1