Identify the impact of each of the given transactions on the accounting equation: Transactions a. The company purchases supplies for cash b. The company purchases equipment for cash c. The company purchases supplies on credit d. The company pays oosh dividends to shareholders o. The company receives cash from an accounts receivable The company purchases equipment on credit Effects increases an asset and increases equity increases an asset and decreases any asset Increases an asset and increases a Bability Increases an asset and increases equity