Indicate the accounts, amounts, and direction of the effects on the accounting equation (Assets = Liabilities + Stockholders Equity). Enter the exact amount of the transaction or 0 for No Effect in the 3rd box of each line. Do not include the dollar sign. Purchased $1,000 in equipment, paying $200 cash and promising the rest on a note due in one year. Assets 1: Answer Cash Answer Decrease Answer (300)