Record the transaction: A business provided services to a customer for cash. Select one: O a. None of the above O b. an asset is debited, and revenue is credited. O c. an asset is debited, and a liability is credited. O d. None of the options given O e. an expense is debited, and Capital is credited. Which of the following groups of accounts have a ledger closing credit balance? Select one: a. Assets, expenses, and withdrawals O b. None of the options given O c. Revenue, liabilities, and capital O d. Liabilities, expenses, and assets O e. Assets, capital, and withdrawals The first step of the accounting cycle is to Select one: O a. analyze business transactions O b. record journal entries O c. prepare a trial balance O d. None of the options O e. post to the ledger Given the following list of accounts with normal balances, what are the trial balance totals of the debits and credits: Cash 1000; Equipment 500; Accounts Payable 350; Capital 900; Sales 1000; Salaries Expense 750? Select one: a. OMR 3,250 debit, OMR 3,250 credit O b. OMR 4,500 debit, OMR 4,500 credit O c. OMR 2,250 debit, OMR 2,250 credit O d. None of the options given e. OMR 1,125 debit, OMR 1,125 credit An account that would be increased by a debit is Select one: O a. capital O b. sales O c. None of the options given d. accounts payable O e. cash