Question $1$ of $1$

$\frac{0}{100}$

Your answer is partially correct.

Selected transactions for M$.$ Acosta, an interior decorator, in her first month of business, are as follows.

Jan. $2$ Invested $$10,000$ cash in business.

$3$ Purchased used car for $$3,000$ cash for use in business.

$9$ Purchased supplies on account for $$600.$

$11$ Billed customers $$2,400$ for services performed.

$16$ Paid $$350$ cash for advertising.

$20$ Received $$900$ cash from customers billed on January $11.$

$23$ Paid creditor $$300$ cash on balance owed.

$28$ Withdrew $$1,000$ cash for personal use by owner.

For each transaction, indicate the following. January $2$ transaction is given as an example.

$($a$)$ The basic type of account debited and credited $($asset$,$ liability, owner's equity$).$

$($b$)$ The specific account debited and credited $($Cash$,$ Rent Expense, Service Revenue, etc.$).$

$($c$)$ Whether the specific account is increased or decreased.