1. Identifying Transactions

   Napa Tours Co. is a travel agency. The nine transactions recorded by Napa Tours during April 2018, its first month of operations, are indicated in the following T accounts:

   Cash
   (1)	50,000	(2)	3,400
   (7)	8,700	(3)	5,000
   		(4)	4,850
   		(6)	2,500
   		(9)	1,000

   Equipment
   (3)	15,000

   Dividends
   (9)	1,000

   Accounts Receivable
   (5)	18,200	(7)	8,700

   Accounts Payable
   (6)	2,500	(3)	10,000

   Service Revenue
   		(5)	18,200

   Supplies
   (2)	3,400	(8)	1,100

   Common Stock
   		(1)	50,000

   Operating Expenses
   (4)	4,850
   (8)	1,100

   Indicate for each debit and each credit: whether an asset, liability, stockholders' equity, dividend, revenue, or expense account was affected and whether the account was increased or decreased.

   	Account Debited		Account Credited
   Transaction	Type	Effect	Type	Effect
   (1)
   (2)
   (3)
   (4)
   (5)
   (6)
   (7)
   (8)
   (9)

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