select a transaction that effects the accounting equation as follows:

Check my work elect a transaction that effects the accounting equation as follows: Transaction Effects a. The company purchases supplies for cash. b. The company purchases equipment for cash. c. The company purchases supplies on credit. d. The company pays cash dividends to shareholders. e. The company receives cash from an accounts receivable. t. The company purchases equipment on credit. 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. Increases an asset and increases equity.