r.uni Weygandt, Financial&Managerial Accounting, 2e WleyPLUS Financial & Managerial Accounting (ACCT 2100 Exercise 2-6 Fredo Industries had the following transactions. 1. Borrowed $5,043 from the bank by signing a note. 2. Paid $2,521 cash for a computer 3. Purchased $454 of supplies on account. (a) Indicate what accounts are increased and decreased by each transaction. Debit Credit Analysis 1. 2. 3. (b) Journalize each transaction. (Credit account titles are automatically indented wben the amount is entered. Do not indent Entry" for the account titles and enter O for the amounts.) manually. If no entry is required, select "Na No. Account Titles and Explanation Debit Credit 1. 2. 3. SHOW LIST OF ACCOUNTS 10