For each of the following transactions of Vicky’s Day Care Center, identify the accounts that would be increased and those that would be decreased:
1. The center borrowed $ 10,000 from a bank.
2. Rent for the months of July and August was paid, a total of $ 4,000.
3. An assistant was hired at a monthly salary of $ 3,000.
4. Customers were billed for day care services: $ 17,000.
5. The utilities bill for the month was paid: $ 350.