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Required: Below are the external transactions for Shockers Incorporated. Analyze each transaction. Under each category in the accounting equation, indicate whether the transaction increases, decreases,

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Required: Below are the external transactions for Shockers Incorporated. Analyze each transaction. Under each category in the accounting equation, indicate whether the transaction increases, decreases, or has no effect. The first item is provided as an example. Required: Below are the external transactions for Shockers Incorporated. Analyze each transaction. Under each category in the accounting equation, indicate whether the transaction increases, decreases, or has no effect. The first item is provided as an example

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