List at least one ofeachtransaction related to all of the following business events:

Purchase of goods or services for cash

Providing services for cash

Providing services on account

Purchase of goods or services on account

Payment of a previously recorded expense

Receipt of a previously recorded revenue earned

Be sure to explain your logic in the analysis of your business transactions. Also, list the type of source documents that may serve as evidence for each accounting transaction. Additionally, for each business transaction presented, answer these questions:

Which accounts are affected for each transaction?

How is each account affected (debit or credit, increase or decrease), specifically?

Lastly, assume one of the six transactions listed above was not entered in the accounting records in error. How would the trial balance be affected, specifically?