Review the transactions and determine the accounts, the account types (use assets, liabilities, equity, dividends, revenue, and expenses), if they increase/decrease and if they are DR/CR. Check your spelling carefully and do not abbreviate. Refer to the Chart of Accounts for account titles. Purchased equipment on account. Account Name Account Type Increase/Decrease Debit/Credit Collected cash for services. Account Name Account Type Increase/Decrease Debit/Credit Enter the following transactions as journal entries. Record debits first, then credits. Debit Credit Debit Collected $6,000 cash for future services. Date Accounts and Explanation Nov. 3 Earned $9,000 of services on account. Date Nov. 4 Accounts and Explanation Credit Account Number 101 105 115 120 125 140 145 150 151 155 156 160 165 170 175 178 180 182 201 210 215 235 250 255 285 305 315 320 410 435 501 505 514 515 516 520 535 540 545 548 550 555 Account Title Cash Accounts Receivable Office Supplies Prepaid Insurance Prepaid Rent Inventory Building Equipment Accumulated Depreciation - Equipment Furniture Accumulated Depreciation - Furniture Office Furniture Truck Land Copyright Franchise Patent Trademark Accounts Payable Salaries Payable Utilities Payable Unearned Revenue Notes Payable Mortgages Payable Income Taxes Payable Common Stock Retained Earnings Dividends Service Revenue Sales Revenue Cost of Goods Sold Advertising Expense Depreciation Expense - Furniture Depreciation Expense - Equipment Income Tax Expense Insurance Expense Repairs and Maintenance Expense Rent Expense Salaries Expense Selling Expense Supplies Expense Utilities Expense