Below is a list of activities: Required: For each activity, select whether the transaction increases, decreases, or has no effect on assets, liabilities, and/or stockholders' equity. The first item is provided as an example. Transaction 1. Obtain a loan at the bank. 2. Issue common stock to stockholders for cash. 3. Purchase equipment for cash. 4. Pay cash for insurance in advance. 5. Pay cash for employees' salaries in the current period. 6. Pay accounts payable. 7. Purchase office supplies on account. 8. Provide services to customers for cash. 9. Provide services to customers on account. 10. Pay dividends to stockholders. 11. Pay cash for utilities in the current period. Assets Liabilities Stockholders' Equity Increase = Increase + No effect Increase Increase + No effect + + +