1 Review the transactions and determine the accounts, the account types (use assets, liabilities, common stock, dividends, revenue, and expenses), if they increase/decrease and if they are DR/CR. List accounts in order they would be in the journal entry Owner contribution of furniture in exchange for com mon stock Account Type Increase/Decrease Debit/Credit Account #1 Debit/Credit Account Type Increase/Decrease Account #2 Received cash for services rendered to a client Debit/Credit Increase/Decrease Account Type Account #1 Debit/Credit Increase/Decrease Account # 2 Account Type