Kingbird, Inc. had the following transactions. 1. Borrowed $7,147 from the bank by signing a note. 2. Paid $3,573 cash for a computer. 3. Purchased $643 of supplies on account. Indicate what accounts are increased and decreased by each transaction. Debit Analysis 1. 2. 3. Kingbird, Inc. had the following transactions. 1. Borrowed $7,147 from the bank by signing a note. 2. Paid $3,573 cash for a computer. 3. Purchased $643 of supplies on account. Indicate what accounts are increased and decreased by each transaction. Credit Analysis 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 O for the amounts.) No. Account Titles and Explanation Debit Credit 1. 2. 3