FIN-300-H001 Online Quiz: Accounting Review Quiz This Question: 4 pts As the manager of Williams Fumiture Outlet, you must deal with a variety of business transactions. Requirement 1. Give an example of a transaction that has each of the following effects on the accounting equation: a. Decrease an asset and decrease stockholders' equity. b. Decrease an asset and decrease a liability. c. Increase an asset and increase a liability. d. Increase one asset and decrease another asset. e. Increase an asset and increase stockholders' equity. a. Decrease an asset and decrease stockholders' equity. (Select one pofisible answer.) b. Decrease an asset and decrease a liability. (Select one possible answer.) c. Increase an asset and increase a liability. (Select one possible answer.) d. Increase one asset and decrease another asset. (Select one possible answer.) e. Increase an asset and increase stockholders' equity. (Select one possible answer.) Choose from any drop-down list and then continue to the next question. Save for Later FEB 7