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Select a transaction that effects the accounting equation as follows: 4. Increases an asset and decreases an asset.T The company paid cash dividends to shareholders.

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Select a transaction that effects the accounting equation as follows: 4. Increases an asset and decreases an asset.T The company paid cash dividends to shareholders. The company pays cash toward an account payable. The company purchases equipment on credit. The company purchases supplies for cash. 6. Incr Select a transaction that effects the accounting equation as follows: 4. Increases an asset and decreases an asset.T The company paid cash dividends to shareholders. The company pays cash toward an account payable. The company purchases equipment on credit. The company purchases supplies for cash. 6. Incr

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