Select a transaction that effects the accounting equation as follows: Hint: "The company provides services" indicates that the work is completed. Transaction Effects The owner invests tand in the business. b. The company provides services for cash c. The company purchases supplies on credit d. The owner withdraws cash from the business. The company provides services and sent a bill for $500 to be received within 30 days, 1. The company purchases equipment for cash. e. Transaction Increases an asset and increases equity. Decreases an asset and decreases a liability. Decreases an asset and decreases equity. Increases an asset and decreases an asset. Increases an asset and increases a liability