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. Paid cash for land. Account #1 Account Type Increase/Decrease Debit/Credit Account #2 Account Type Increase/Decrease Debit/Credit Provided services on account Account #1 Account Type Increase/Decrease Debit/Credit Account #2 Account Type Increase/Decrease Debit/Credit Bright, the owner, withdrew cash. Account #1 Account Type Increase/Decrease Debit/Credit Account #2 Account Type Increase/Decrease Debit/Credit Purchased office supplies on account Account #1 Account Type Increase/Decrease Debit/Credit Account #2 Account Type Increase/Decrease Debit/Credit Paid for a one year insurance policy Account #1 Account Type Increase/Decrease Debit/Credit Account #2 Account Type Increase/Decrease Debit/Credit 2 Record the following transactions as journal entries. Prepaid $6,000 cash for rent. Date Accounts and Explanation Debit Credit Nov. 3 Bought a company truck for $8,000 by signing a note at the bank Date Accounts and Explanation Debit Credit Nov. 4 Purchased $6,000 of equipment on account. Date Accounts and Explanation Debit Credit Nov, 5 Received $9,000 on account from a customer. Date Accounts and explanation Debit Credit Nov. 5 Paid $7,000 for a one year insurance policy Date Accounts and Explanation Debit Credit Nov. 5