Review the transactions and determine the accounts, the account types (use assets; liabilities; owner, capital; owner, withdrawals; revenue; and expenses), if they increase/decrease and if they are DR/CR. List accounts in order they would be in the journal entry.

Review the transactions and determine the accounts, the account types (use assets; liabilities; owner, capital; owner, withdrawals; revenue; and expenses), if they increase/decrease and if they are DR/CR. List accounts in order they would be in the journal entry. act.pearsoncmg.com/test-out/2 Bright, the owner, withdrew cash. Account \#1 Account Type Increase/Decrease Debit/Credit Account \#2 Account Type Increase/Decrease Debit/Credit Bright, the owner, contributed furniture in exchange for capital. Account \#1 Account Type Increase/Decrease Debit/Credit Account \#2 Account Type Increase/Decrease Debit/Credit Paid cash for land. Account \#1 Account Type Increase/Decrease Debit/Credit act.pearsoncmg.com/test-out/2 Account \#2 Account Type Increase/Decrease Debit/Credit Bright, the owner, contributed furniture in exchange for capital. Account \#1 Account Type Increase/Decrease Debit/Credit Account \#2 Account Type Increase/Decrease Debit/Credit Paid cash for land. Account \#1 Account Type Increase/Decrease Debit/Credit Account \#2 Account Type Increase/Decrease Debit/Credit Record the following transactions as journal entries. Purchased $6,000 of office supplies on account. Made a $9,000 payment on notes payable Bright, the owner, withdrew $8,000 cash. Received $8,000 on account from a customer. Bright, the owner, withdrew $8,000 cash. Received $8,000 on account from a customer. Collected $7,000 cash for services