Exercise 170 The chart of accounts used by Notwist Copy Company is listed below. 101 Cash 112 Accounts Receivable 301 Owner's Capital 125 Supplies 157 Equipment 200 Notes Payable 201 Accounts Payable 729 Rent Expense 209 Unearned Service Revenue 306 Owner's Drawings 400 Service Revenue 610 Advertising Expense You are to indicate the proper accounts to be debited and credited for the following transactions by selecting the account number(s) in the appropriate boxes. Account(s) debited Account(s) credited Transactions M. Acher invests $70,000 cash to start the business. Purchased three pieces of equipment for $160,000, paying 1. $50,000 cash b, signed a 5-year, 10% note for the remainder. 3. Purchased $5,000 supplies on credit. 4. Cash revenue amounted to $7,000 5. Paid $500 cash for radio advertising. Paid $800 on account for supplies purchased in transaction 3. 5. Owner withdrew $2,100 from the business for personal expenses 8. Paid $1,200 cash for rent for the current month. g. Received $2,000 cash advance from a customer for future copying 10. Billed a customer for $57% for photocopy work done