Current Attempt in Progress In the first month of business, Jakmak Interior Design Company had the following transactions Mar. 5 The owner, Jackie Mackenzie, invested $10,590 cash in the business. 7 Paid $600 cash for advertising the launch of the business. 9 Purchased supplies on account for $1,270. 11 Purchased a used car for $8.920 cash, for use in the business. 13 Billed customers $2,110 for services performed. 25 Borrowed $10,930 from the bank and signed a note payable. 26 Received $1,070 cash from customers billed on March 13. 29 Paid for the supplies purchased on March 9. 30 Received $600 cash from a customer for services to be performed in April 31 Paid Jackie Mackenzie $1,060 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 (+) or decreased (-), and by what amount Use the following format, in which the first transaction is given as an kample, Account Debited Use the following format, in which the first transaction is given as an example. Account Debited Date Mar. Basic Type Effect Specific Account Cash + Specific Asset Basic Type Owner's Equity $10,590 J. Mac e Textbook and Media Attempts: 0 of 3 used Sve st transaction is given as an example, Account Credited Effect Specific Account Effect Basic Type Owner's Equity $10,590 J. Mackenzie, Capital + $10.590 Submit Answer of 3 used Save for later