Use the following to answer questions 68 Analyze each transaction. Under each category in the accounting equation, indicate whether the transaction: A. increases, B. decreases, or C. has no effect. The item (a) is provided as an example. (a) Provided services to a customer on account. (Revenue increases causing Stockholders' Equity to increase, Assets increase, and no effect on Liabilities). 6. Borrow money from the bank. 7. Paid daily laborer for work done today. 8. Received electricity bill, will pay next month