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Presented below are a number of transactions. 1. Purchased equipment for cash. 2. Completed the paperwork to hire a new employee; the employee will start

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Presented below are a number of transactions. 1. Purchased equipment for cash. 2. Completed the paperwork to hire a new employee; the employee will start work next week 3. Fired the CEO. 4. Performed services on account. Apotential customer called to inquire about the availability of a product with limited availability and you are sure they will call back to place an order within the week. Indicate whether each transaction increased (+), decreased (-).ophad no effect (NE) on assets, liabilities, and shareholders' equity. Assets Liabilities Shareholders' Equity

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