A list of the accounts of Medford Corporation is given below, followed by some selected transactions. Indicate the accounts that should be debited and credited for the transaction or adjusting entry by placing the appropriate account codes in the debit and credit columns provided. (10 points) Code Account Code Account A. Cash 1. Common stock B. Prepaid expenses J. Retained earnings C. Accounts receivable K. Rent revenue D. Service trucks L. Service revenue E. Accumulated depreciation M. Expenses F. Accounts payable N. Dividends payable G. Notes payable 0. Utility Payable H. Unearned revenue P. Rent payable Transaction or Closing entry Debit Credit Purchased a service truck for Ex. $50,000, paid in cash. D A Paid $600 for a 1. two-year premium on the insurance policy covering the truck. Collected $1,000 in advance for 2. service to be provided next year. 3. Declared a cash dividend, $2,000. 4. Depreciation of $1,500 on the truck must be recorded. Truck insurance used for one full 5. year must be recorded (see 1