Grand Canyon Tours Co. is a travel agency. The nine transactions recorded by Grand Canyon Tours during April 2014, its first month of operations, are indicated in the following T accounts:

Indicate for each debit and each credit: (a) whether an asset, liability, owner’s equity, drawing, revenue, or expense account was affected and (b) whether the account was increased (+) or decreased (−). Present your answers in the following form, with the transaction (1) given as an example:

 

Luis Chavez, Drawing 5,000 Cash Equipment 75,000 (2) 11,000 (3) (1) 4,000 (3) 25,000 (9) (7) 3,000 (4) 2,700 (6) 9,000 (9) 5,000 Service Revenue Accounts Payable 9,000 (3) Accounts Receivable (5) 19,500 (7) 11,000 (6) 22,000 (5) 19,500 Supplies Luis Chavez, Capital Operating Expenses 4,000 (8) 2,000 (1) 75,000 (4) 2,700 (8) 2,000