Huang Ltd. records their business transactions into the basic accounting equation. For each of the following independent business activities, indicate the effect on the basic accounting equation. NOTE: The questions are multi-selection questions. For each business activity choose ALL that apply. Question 76 (2 points) Saved Received a hydro electricity bill on August 31 for $920. The bill will be paid in early September a) Increase assets b) Decrease equity c) Increase liabilities d) This is an event, not a transaction. e) Decrease assets f) Decrease liabilities Og) Increase equity