For each of the following transactions, select the account and its effect on the basic accounting equation (Assets = Liabilities + Shareholders Equity) (If no entry is required select No Entry for the account. For the effect, select "+" for Increase, "-" for Decrease and "NE" for No effect):

Transaction Assets a. Issuance of shares for cash b. Purchase of land for cash C. Sale of services to a customer on credit d. Receipt of cash from customers as payments on their accounts e. Payment of cash to shareholders as a distribution of earnings f. Receipt of a loan from a bank g. Payment of interest on the bank loan h. Purchase of inventory on credit i. Payment of an account payable j. Payment to a courier company for delivering goods to a customer k. Payment of an insurance premium to cover the following year 1. Depreciation of equipment