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All nine transactions for Dalton Survey Company for September, the first month of operations, are recorded in the following T accounts: (1) (7) (9) Cash
All nine transactions for Dalton Survey Company for September, the first month of operations, are recorded in the following T accounts: (1) (7) (9) Cash 20,000 (3) 6,900 (5) 4,700 (6) (8) 7,500 2,600 5,500 2,000 Michael Dalton, Capital |(1) 20,000 Accounts Receivable (4) 4,9009) 4,700 Michael Dalton, Drawing 2,000 (8) Supplies 7,500 (3) Fees Earned 4,900 6,900 (7) Fees Earned (4) |(7) 4,900 6,900 Equipment 4,500 (2) Operating Expenses 5,500 (6) 4,500 Accounts Payable (5) 2,600|(2) Indicate the following for each debit and credit: (a) The type of account affected (asset, liability, capital, drawing, revenue, or expense). (b) The effect on the account, using "+" for increase and for decrease. Present your answers in the following form: Account Debited Transaction Type Effect Type (1) (2) (3) Account Credited Effect (5) All work saved
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