Analyse the transactions of a business organized as a corporation described below and Assets = Liabilities + SHE indicate their effect on the basic accounting equation. Use a plus sign (+) to indicate an 1) increase and a minus sign (-) to indicate a decrease. 2) 3) 4) Assets = Liabilities + Shareholders' Equity 5) 1. Received cash for services provided. 6) 2. Purchased office equipment on credit. 7) 3. Paid employees' salaries. 8) 4. Received cash from customer in payment on account. 9) 5. Paid telephone bill for the month. 10) 6. Paid for office equipment purchased in transaction 2. 7. Purchased office supplies on credit. 8. Dividends were paid. 9. Obtained a loan from the bank. 10. Billed customers for services performed. Required Use the template on the right and fill in the effect on the basic accounting equation of each of the above. Use a plus sign (+) to indicate an increase and a minus sign (-) to indicate a decrease. If a transaction affects one of the items in both directions then indicate +/- in the cell.