Tabor Hill Website Designers entered into the following transactions during February 2019. Analyze each of the following transactions. Complete the table below indicating the effect of the transaction (specify asset/liability/ equity account affected, indicate if it increases/decreases or use + and - signs) and the dollar amount.

(a) Provide website design services for $40,000 and received cash. (b) Provide website design services to Acme Company, for $20,000 on account. We expect Acme to pay in the future. (c) Collect $18,000 from Acme Company on account. (d) Sell a $1,000 gift certificate. (e) Customer redeems $1,000 gift certificate for website design services. (f) Paid employees $16,000 earned as salaries for February 2019. (g) Paid $3,000 insurance for next year in advance. (h) Received $250 telephone bill for the month, to be paid next month. (i) Borrow $15,000 signing a note payable to the bank that is due in three months. (j) Acquire a $15,000 computer by paying cash. (k) Sign a contract for website design for $10,000. Work on the design will begin in April 2019.