Determining the Effects of Various Transactions [LO1, LO2,LO3] E&Z Reader was founded in January 2014 to provide text read nQ and recording services. Selected transactions tor E&Z Reader s first month of business are as follows: a. Issued shares to investors for $65,000 cash b. Billed customers S13,500 for services performed In January. c. Purchased car for $32,000 for use in the business Paid in cash. d. Purchased $3,900 of supplies on account. e Received $9,000 cash from customers billed in transaction (b). f Used $2,250 in utilities, which will be paid in February. g. Paid employees $8,500 cash for work done In January. h. Paid $1,950 cash toward supplies purchased in transaction (d). Required: For each transaction, give (a) the name of the account being debited or credited, (to) the basic account type (A. L. SE. R. EX (c) whether the account is increased (+) or decreased (-) doe to the transaction, and (d) whether the account normally holds a debit or credit balance. Transact or (a) has been given as an example