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Current Attempt in Progress In the first month of business, Oriole Interior Design Company had the following transactions: Mar. 5 The owner, Jackie Robinson, invested
Current Attempt in Progress In the first month of business, Oriole Interior Design Company had the following transactions: Mar. 5 The owner, Jackie Robinson, invested $10,000 cash in the business. 7 Paid $565 cash for advertising the launch of the business. 9 Purchased supplies on account for $1.010. 11 Purchaseda used car for $9,210 cash, for use in the business. 13 Billed customers $1,890 for services performed. 25. Borrowed $10,410 from the bank and signed a note payable. 26 Received $1.035 cash from customers billed on March 13. 29 Paid for the supplies purchased on March 9. 30 Received $910 cash from a customer for services to be performed in April. 31 Paid lackie Robinsan $1.860 cash for her personal use. For each transaction, indicate: a. the basic type of account debited and credited (asset, liability, or owner's equity): b. the specific account debited and credited (Cash, Rent Expense, Service Revenue, etc); and c. Whether each account is increased ( t) or decreased (), and by what amount. For each transaction, indicate: a. the basic type of account debited and credited (asset, liability, or owner's equity): b. the specific account debited and credited (Cash, Rent Expense, Service Revenue, etc); and c. whether each account is increased (+) or decreased (), and by what amount. Use the following format, in which the first transaction is given as an example
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