Indicate whether the terms of the accounting equation will increase, decrease or stay the same for each transaction by choosing the appropriate action from the drop down menu. If an item is not changed by the transaction, select the option "No Change." Transaction Assets Liabilities Owner's Equity 1) Paid salaries for the current month. Answer Decrease Answer Decrease Answer No Change 2) Purchased equipment on credit. Answer Increase Answer Increase Answer No Change 3) Purchased furniture using cash. Answe