There are three elements to the accounting equation: assets, liabilities, and stockholders' equity. Below are five possible types of transactions. For each of these five types, write descriptions of an example that would illustrate this type of transaction. (1 point each) Example of Liabilities Owner's Type Assets = transaction + Equity The business borrowed Ex Increase Increase $2,000 as a loan from 1. the bank Increase Increase 2. Increase - Increase 3. Decrease Decrease- 4. Decrease- Decrease 5. Increase Decrease