Homework Question 1 of 2 View Policies Show Attempt History Current Attempt in Progress Fredo Industries had the following transactions. 1. Borrowed $ 5,000 from the bank by signing a note. 2. Paid $2,500 cash for a computer. 3. Purchased $ 450 of supplies on account. (a) Your answer is partially correct. Indicate what accounts are increased and decreased by each transaction. Account Names Credit Analysis Question 1 of 2 1.75/6 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 5,000 5.000 2,500 cash 2.500 3. 450 450 e Textbook and Media Attempts:0 of 4 used Submit Answer Save for Later