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Indicate the following for each debit and credit: a. The type of account affected (asset, liability, equity, dividends, revenue, or expense)] b. The effect on
Indicate the following for each debit and credit: a. The type of account affected (asset, liability, equity, dividends, revenue, or expense)] b. The effect on the account, using "+" for increase and "-" for decrease. Present your answers in the following format: Transaction (1) (2) (3) (4) (5) (6) (7) (8) (9) Accounts Payable 2,600 (2) Account Debited Type Account Debited Effect Account Credited 4,500 Account Credited Effect
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