Indicate the effect each of the following transactions has on the accounting equation (i.e., assets, liabilities, and equity). Enter the number corresponding to your answer in the box provided. Answer choices may be used once, more than once, or not at all. Be careful with matching questions because carmen randomizes the matches. Thus, if you print out the quiz to work on it and then enter your answers later in the week, it is very likely the order of the matches will be different. Therefore, exercise caution when entering your answers into carmen. Quiz scores will not be adjusted for errors in entering choices. Question 8 options: ABC Company performed $2,000 of delivery services for a customer who agreed to pay next month ABC Company paid $2,000 cash to the bank; $1,800 of this amount was the repayment of a bank loan and the other $200 paid was interest ABC Company sold common stock to investors for $40,000 cash and borrowed $20,000 from the First Bank 1. assets increase; liabilities increase; equity decrease 2. assets decrease; liabilities decrease; equity no effect 3. assets increase; liabilities no effect; equity increase 4. assets no effect; liabilities no effect; equity no effect 5. assets no effect; liabilities increase; equity decrease 6. assets increase; liabilities increase; equity increase 7. assets increase; liabilities increase; equity no effect 8. assets no effect; liabilities decrease; equity increase 9. assets decrease; liabilities no effect; equity decrease 10. assets decrease; liabilities decrease; equity decrease