Below are various transactions O'Malley Inc. had occur during the vear, For each transaction, indicate the transaction's effect on the company's accounting equation by selecting either increase, decrease, or no effect for each area of the accounting equation Do not leave any of the fields below blank. (Note: If the transaction were to cause an increase and decrease to the same area of the accounting equation, "no effect" should be chosen as the overall effect to that area) A. On Sept 1, issued shares of common stock for an amount greater than its par value. B. On Sept 20, declared a dividend of $25,000 to be paid on October 31. C. On October 31, paid the dividend previously declared on Sept 20. D. On November 1, purchased 8,000 shares of treasury stock for $50 per share. E. On December 15, declared a 3-for-1 stock split. ities Stockholders' Equity Assets Liabilities