Identify if it will Increase, Decrease or No effect. 1. happens to the owner’s assets when the company receives cash from a bank loan? 2. happens to the owner’s equity

Identify if it will Increase, Decrease or No effect. 1. happens to the owner’s assets when the company receives cash from a bank loan? 2. happens to the owner’s equity when the company receives cash? 3. happens to the owner’s equity when the owner invests personal cash in the business? 4. will happen to the company’s liquidity when some of its products are sold from inventory? 5. happens to the owner’s assets when the company purchases equipment with its cash? 6. happens to the owner’s assets when the company repays the bank that had lent?

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