EBOOK Show Me How Identifying Transactions Napa Tours Co. is a travel agency. The nine transactions recorded by Napa Tours during April 2018, its first month of operations, are indicated in the following T accounts: v Cash Equipment (1) 36 50,000 (2) 3,400 (3) 15,000 (7) 8,700 (3) 5,000 (4) 4,850 (6) 2,500 (9) 1,000 Dividends (9) 1,000 Accounts Receivable Accounts Payable Service Revenue (5) 18,200 (7) 8,700 (6) 2,500 (3) 10,000 (5) 18,2001 Supplies Common Stock (2) 3,400 (8) 1,100 (1) 50,000 Operating Expenses (4) 4,850 (8) 1,100 Indicate for each debit and each credit whether an asset, ability, stockholders' equity, dividend, revenue, or expense account was affected and. whether the account was increased or decreased. Account Debited Account Credited Indicate for each debit and each credit: whether an asset, liability, stockholders' equity, dividend, revenue, or expense account was affected and whether the account was increased or decreased. Account Debited Account Credited Transaction Type Effect Effect 886 (1) Asset Increased Stockholders' equity Increased (2) Asset Increased Stockholders' equity X Decreased (3) Asset Increased Asset Decreased Stockholders equity EX Decreased x (4) Asset X Increased Liability X Increased x (5) Asset Increased Stockholders equity X Decreased -X (6) Asset X Increased X (7) Asset Increased - (8) Asset X (9) Asset Increased Increased Stockholders' equity Stockholders' equity Stockholders' equity X Decreased - x Decreased -x Decreased Feedback Check My Work Check My Work Previous Next E