(b) Indicate whether each of the items would increase, decrease or no effect on cash. Assume all items are cash transactions. Cash Effect 1. Purchase of goods for resale 2. Issue of common shares 3. Sale of equipment that the company has finished using Increase 4. Receipt of bank loan Decrease 5. Purchase of long-term investment 6. Purchase of equipment No Effect 7. Sale of merchandise to customers 8. Payment of salaries to employees 9. Sale of long-term investment 10. Repayment of loan owed to bank 11. Payment of dividends 12. Payment of interest on money borrowed from bank LINK TO TEXT By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. Attempts: 0 of