Presented below are nine business transactions. Indicate the effect of each transaction on each elencent of the accounting equation. (a) Purchased $241 of supplies on account. (b) Performed $545 of services on account. (c) Paid 5316 of operating expenses (d) Paid $241 cashonaccount for the suppties purchased in item (a) above. (c) Imrested $1,096 cash in the business. (f) Owner withdrew $412cash. (g) Hired an employce to start working the following month. (i) Peceived $545 from a custorner who had been bilied proviously in item (b) above. (i) Purchased 5493 of equipment in exthange for a note payable. Use the following format, in which the first one has becr done for you as an example: Of a bransoction caices a decrease in Assets. Labilities or Owner' I Equily, ploce o negotive sign for perentheses) in front of the amount entered for the particular Anset, (ioblility or Equity ittem that was reduced