Exercise 2-6 Fredo Industries had the following transactions. 1. Borrowed $6,623 from the bank by signing a note. 2. Paid $3,311 cash for a computer. 3. Purchased $596 of supplies on account. (a) Indicate what accounts are increased and decreased by each transaction. Debit Analysis Credit Analysis 2. 3. (b) Journalize each transaction. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) No. Account Titles and Explanation Debit Credit 1. 2