Exercise 2-6 Explain each of the sets of debits and credits in these accounts for Tuxedos, Inc., a company Explain sets of debits and that rents wedding clothing and accessories. There are 10 transactions to be explained. credits (L.O. 1-5) Each set is designated by the small letters to the left of the amount. For example, the first transaction is the issuance of capital stock for cash and is denoted by the letter (a). Cash Dividends (a) 200,000 (b) 150,000 (e) 1,000 (d) 1,800 (e) 1,000 (f) 600 (9) 2,000 30,000 Bal 18,200 Accounts Receivable Service Revenue (c) 1,800 (d) 1,800 (@) 1,800 12,000 12,000 Bal. 12,000 Bal 13,800 Supplies on Hand Rent Expense (b) 150,000 (F) 600 30,000 Bal. 180,000 Accounts Payable Delivery Expense (h) 800 (h) 800 Capital Stock Salaries Expense (a) 200,000 (g) 2,000