Emerald Tours Co. is a travel agency. The nine transactions recorded by Emerald Tours during May 20Y5, its first month of operations, are indicated in the following T accounts:

Indicate for each debit and each credit (a) whether an asset, liability, owner’s equity, drawing, revenue or expense account was affected and (b) whether the account was increased (+) or decreased (–). Present your answers in the following form, with transaction (1) given as an example:

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Cash Equipment 10,350 Mary Silva, Drawing 3,200 97,000 (2) 10,540 (3) (1) 1,160 (3) 2,070 8,120 3,490 3,200 (9) (7) (4) (6) (9) Accounts Recelvable Accounts Payable Fees Earned (5) 15,910 (7) 10,540 (6) 3,490 | (3) 8,280 (5) 15,910 Operating Expenses 8,120 Supplies Mary Silva, Capital (2) 1,160 (8) 850 (1) 97,000 (4) (8) 850