Current Attempt in Progress Presented below are a number of transactions. 1. 2 3 4. Purchased equipment for cash Completed the paperwork to hire a new employee: the employee will start work next week. Fired the CEO Performed services on account. A potential customer called to inquire about the availability of a product with limited availability and you are sure they wi call back to place an order within the week. 5. (a) Indicate whether each transaction increased (+), decreased (-), or had no effect (NE) on assets, liabilities, and shareholders equity Assets Liabilitites Shareholders' Equity 1. 2. >> > 3. 4 5