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Exercise 2-06 a-b Sunland Industries had the following transactions. 1. 2. Borrowed $5,900 from the bank by signing a note. Paid $3,658 cash for a

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Exercise 2-06 a-b Sunland Industries had the following transactions. 1. 2. Borrowed $5,900 from the bank by signing a note. Paid $3,658 cash for a computer. Purchased $1,003 of supplies on account. 3. Indicate what accounts are increased and decreased by each transaction. Debit Analysis Credit Analysis 1. 2. 3. LINK TO TEXT LINK TO TEXT Journalize each transaction. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) No. Account Titles and Explanation Debit Credit 1. 2. 3. Activate Windows

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