Activity#2: Identification Avila and Curada form a partnership called "AC enterprises" which sells school supplies and other services. Indicate the accounts that should be debited or credited. If no Journal entry is required, write n/a in the columns. Transactions Debit Credit 1 Both partners invested cash, 50,000 each. Purchased 2 in 1 scanner and printer equipment for business use worth of 7,000; paid one-half for cash and gave note payable for the balance. Sales for school Supplies collected in cash for 12,000 4 Billed Customer for printing services for 2,000 5 Curada withdrew 2,000 for personal use