erose 2-02 ected transactions for M. Acosta, an interior decorator, in her first month of business, are as follows. 2 Invested $10,000 cash in business 3 Purchased used car for $3,000 cash for use in business. 9 Purchased supplies on account for $600. 11 Billed customers $2.400 for services performed. 16 Dald 350 cash for advertising 20 Received $900 cash from customers billed on January 11. 23 Paid creditor $300 cash on balance owed. 28 Withdrew $1,000 cash for personal use by owner For each transaction indicate the following. January 2 transaction is given as an example, (a) (6) (c) (d) The basic type of account debited and credited The so c count debited and credited (Cash, Rent Expense, Service Revenue, etc.). whether the specific account is increased or decreased The normal balance of the specific account. Account Debited Transaction Basic Type Specific Account Effect Normal Balance Debit (a) The basic type of account debited and credited. (b) The sec ondebited and credited Cash, Rent Expense Service Reven, (c) Whether the sectic account is increase or decreased (0) The albe of the specic account Account Debited Account Credited Transaction Normal Balance Basic Type Specific Account Effect Normal Balanc