Cycle Tours Co. is a travel agency. The nine transactions recorded by Cycle Tours during February 2010, 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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Anita Rayle, Drawing Cash Equipment (1) 25,000 12) 1.750 (7) 10,000 (3) 3,600 (9) 2,500 (3) 18,000 (4) 2,700 (6) 7,500 (9) 2,500 Service Revenue (5) 13,500 Accounts Receivable (5) 13,500 (7) 10,000 Accounts Payable (6) 7,500 (3) 14,400 Anita Rayle, Capital (1) 25,000 Operating Expenses (4) 2,700 Supplies (2) 1,750 18) 1,050 (8) 1,050