E1-2B. Give an example of a business transaction that has each of the following effects on the accounting equation: 1. Increases an asset and increases a liability 2. Increases one asset and decreases another asset 3. Decreases an asset and decreases owner's equity 4. Decreases an asset and decreases a liability 5. Increases an asset and increases owner's equity Transactions in the accounting equation (10 min) E1-3B. Identify at least four main areas of accounting for accounting professionals. For each accounting area, identify at least three accounting-related opportunities in practice. Accounting definitions (10 min)