Required Indicate which of the above events occur in the equation by selecting "Decrease," "Increase" or "Increase/Decrease" for increase and decrease in a particular component. Leave blank if the event does not affect a component of the accounting equation. The first event is shown as an example. Event Assets Number 1. Increase 2. Decrease 3. Increase/Decrease 4. Increase 5. Decrease 6. Decrease OLIVE ENTERPRISES Accounting Equation Stockholders' Equity Liabilities + Common Retained Stock Earnings + Increase + =Decrease + + + = + +Increase = + +Decrease . +Decrease