Previous Page Next Page Page 4 of Saved Question 4 (50 points) Indicate whether each of the following transactions would increase stockholders' equity, decrease stockholders' equity, or have no effect on stockholders' equity. Purchased a truck for cash. Paid dividends. Sold a truck at a loss. Paid a bill on account Received a bill for advertising expenses. 1. Increase stockholders' equity. 2. Decrease stockholders' equity. Sold common stock to investors. 3. No effect on stockholders' equity. Provided services to customers on account. Paid off a bank loan. Paid income taxes. Paid Interest expense. Previous Page Page 4 of 4 2 of 4 questions saved