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Bright, the owner. invested cash in the business in exchange for capital. Record the following transactions as journal entries. Beught a cemeary trock fer s6,

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Bright, the owner. invested cash in the business in exchange for capital. Record the following transactions as journal entries. Beught a cemeary trock fer s6, 600 by signing o nels at the hank Four as 000 ask ea ecceumt. Purchased effice furniure for 17,060 an account Eecelved s2.000 ut tor bill to be pald neat manits Review the transactions and determine the accounts, the account types (use assets; liabilities; owner, capital; owner, withdrawals; revenue; and expenses), if they increase/decrease and if they are DR/CR. List accounts in order they would be in the journal entry. Purchased office furniture on account Account \#1 Account Type Increase/Decrease Debit/Credit Account \#2 Account Type Increase/Decrease Debit/Credit

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