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HU In the first month of business, Jakmak Interior Design Company had the following transactions: Mar. 5 The owner, Jackie Mackenzie, invested $10,100 cash in
HU In the first month of business, Jakmak Interior Design Company had the following transactions: Mar. 5 The owner, Jackie Mackenzie, invested $10,100 cash in the business. 7 Paid $625 cash for advertising the launch of the business. 9 Purchased supplies on account for $1,060. 11 Purchased a used car for $9,040 cash, for use in the business. 13 Billed customers $2.390 for services performed. 25 Borrowed $10.400 from the bank and signed a note payable. 26 Received $1.355 cash from customers billed on March 13. 29 Paid for the supplies purchased on March 9. 30 Received $820 cash from a customer for services to be performed in April. 31 Paid Jackie Mackenzie $1,020 cash for her personal use. For each transaction indicate: (a) the basic type of account debited and credited casset. liability or owner's equity: (b) the specific account debited and credited (Cash Rent Expense Service Revenue, etc.) and (c) whether each account is increased [+ or decreased and by what amount 30-09 Use the following format, in which the first transaction is given as an example. Account Debited a. b. Date Basic Type Specific Account . Mar. 5 Asset Cash + Effect Basic Type Specific $10,100 Owner's Equity J. Macken A 11:17 30-01-20 Mar 5 Asset Cash $10,100 Owner's Equity J. Macker e Textbook and Media N 30.04.2010 s.com/courses/28010/assignments/27011217 module item id-1006.02.09 Use the following format, in which the first transaction is given as an example Account Credited Effect Basic Type Specic Account $10,100 Owner's Equity J. Mackenzie, Capital $10,100 1111 10-00 2011
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