Selected transactions for M. Acosta, an interior decorator, in her first month of business, are as follows.

Jan. 2Invested $10,000 cash in business.3Purchased used car for $3,000 cash for use in business.9Purchased supplies on account for $600.11Billed customers $2,400 for services performed.16Paid $350 cash for advertising.20Received $900 cash from customers billed on January 11.23Paid creditor $300 cash on balance owed.28Withdrew $1,000 cash for personal use by owner.

For each transaction, indicate the following. January 2 transaction is given as an example.

(a)The basic type of account debited and credited.(b)The specific account debited and credited (Cash, Rent Expense, Service Revenue, etc.).(c)Whether the specific account is increased or decreased.(d)The normal balance of the specific account.

Account Debited

Account Credited

Transaction

(a)

Basic Type

(b)

Specific Account

(c)

Effect

(d)

Normal Balance

(a)

Basic Type

(b)

Specific Account

(c)

Effect

(d)

Normal Balance

Jan. 2Asset

Cash

Increase

Debit

Owner's EquityOwner's CapitalIncrease

Credit

3

Asset

Liability

Owner's Equity

Increase

Decrease

Debit

Credit

Asset

Liability

Owner's Equity

Increase

Decrease

Debit

Credit

9

Asset

Liability

Owner's Equity

Increase

Decrease

Debit

Credit

Asset

Liability

Owner's Equity

Increase

Decrease

Debit

Credit

11

Asset

Liability

Owner's Equity

Increase

Decrease

Debit

Credit

Asset

Liability

Owner's Equity

Increase

Decrease

Debit

Credit

16

Asset

Liability

Owner's Equity

Increase

Decrease

Debit

Credit

Asset

Liability

Owner's Equity

Increase

Decrease

Debit

Credit

20

Asset

Liability

Owner's Equity

Increase

Decrease

Debit

Credit

Asset

Liability

Owner's Equity

Increase

Decrease

Debit

Credit

23

Asset

Liability

Owner's Equity

Increase

Decrease

Debit

Credit

Asset

Liability

Owner's Equity

Increase

Decrease

Debit

Credit

28

Asset

Liability

Owner's Equity

Increase

Decrease

Debit

Credit

Asset

Liability

Owner's Equity

Increase

Decrease

Debit

Credit