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. Refer to the Chart of Accounts for account titles. Prepaid for rent. Account #1 Account Type Increase/Decrease Debit/Credit Increase Debit Account #2 Account Type Increase/Decrease Debit/Credit Decrease Credit Collected cash for services Account #1 Account Type Increase/Decrease Debit/Credit Cash Account #2 Account Type Increase/Decrease Debit/Credit Bright, the owner, contributed cash in exchange for capital. Account #1 Account Type Increase/Decrease Debit/Credit Account #2 Account Type Increase/Decrease Debit/Credit