Baycrest Cinema Company owns movie theatres. Baycrest Cinema engaged in the following transactions in August 2022: (i) (Click on the link to view the transactions.) Baycrest uses the following accounts: Cash; Supplies; Land; Accounts Payable; Note Payable; Darlene Muse, Capital; Darlene Muse, Withdrawals; Service Revenue; Property Tax Expense; Rent Expense; Salaries Expense. Required Prepare an analysis of each business transaction of Baycrest Cinema as shown for the August 1 transaction: August 1 The asset cash is increased. Increases in assets are recorded by debits; therefore, debit Cash. The owner's equity of the entity is increased. Increases in owner's equity are recorded by credits; therefore, credit Darlene Muse, Capital. Record each transaction in the journal with an explanation, using the dates and account titles provided. Identify each transaction by its date. 2 The asset Land is decreased increased and is recorded by a credit debit . The asset Cash is decreased increased and is recorded by a credit debit