For each of the following transactions for New Idea Corporation, give the accounting equation effects of the adjustments required at the end of the month on July 31: (Enter any decreases to Assets, Liabilities, or Stockholders' Equity with a minus sign.) b.Owed wages to 5 employees who worked four days at $95 each per day at the end of July. The company will pay employees at the end of the first week of August. : c On July 1, loaned money to an employee who agreed to repay the loan in one year along with $1,140 for one full year of interest. No interest has been recorded yet. Transaction Assets Liabilities Stockholders' Equity