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Ne ion) Paraphrasing Tool eBook Show Me How Identifying Transactions Napa Tours Co. is a travel agency. The nine transactions recorded by Napa Tours during

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Ne ion) Paraphrasing Tool eBook Show Me How 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 accounts: Cash Equipment Dividends (1) 50,000 (2) 3,400 (3) 15,000 (9) 1,000 8,700 (3) 5,000 4,850 (6) 2,500 (9) 1,000 Accounts Receivable Accounts Payable 2.500 (3) 10,000 Service Revenue (5) 18,200 (5) 18,200 (7) 3,700 (6) Supplies Common Stock Operating Expenses (2) 3,400 (8) 1.100 (1) 50.000 (4) 4,850 (8) 1.100 Indicate for each debit and each credit: whether anset, liability, stockholdene equity, dividend, revenor expense account was affected and whether the account was increased or decreased Account Debited Account Credited D G L MO 333 11 JUS CURR UTTER (2) 3,400 (8) 1,100 (1) 50,000 (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) (9) 07 P SEN L M OG o Supplies Common (2) 3,400 (8) 1,100 ( Indicate for each debit and each credit: whether an asset, lid whether the account was increased or decreased. Account Debited Transaction Type Effed (1) (2) (3) Asset (4) Liability Stockholders' equity (5) (6) Revenue Expense (8) (9) O Common Stock Ope 1,100 (1) 50,000 (8) and each credit: whether an asset, liability, stockholders' equity, d increased or decreased. Account Debited Type Effect Type Increased Decreased L in Stock Operating Expenses (1) 50,000 4,850 (8) 1,100 Set, liability, stockholders' equity, dividend, revenue, or expense aca 8 Account Credited Effect Type Effect Asset Liability stockholders' equity Revenue Expense 42"F 38% C L M a Operating Expenses 4,850 1,100 Equity, dividend, revenue, or expense account was affected and Account Credited Type Effect Increased Decreased 389 42F

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