Grand Canyon Tours Co. is a travel agency. The nine transactions recorded by Grand Canyon Tours during April 2014, its first month of operations, are indicated in the following T accounts:

Indicate for each debit and each credit:
(a) Whether an asset, liability, stockholders€™ equity, dividends, revenue, or expense account was affected
(b) Whether the account was increased (+) or decreased (€“). Present your answers in the following form, with transaction (1) given as anexample:

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Cash Equipment Dividends 5,000 (1) 75,000 (2) (7) 11,000 (3) 4,000 ( 25,000 3,000 2,700 9,000 5,000 (9) (9) Accounts Receivable Accounts Payable Service Revenue (5) 9,500 (7) ,000 (6) 9,000(3 22,000 (5) 19,500 Supplies (2) 4,000 (8) Capital Stock Operating Expenses 2,000 (1) 75,000 (4) 2,700 (8) 2,000 Account Debited Transactio Type Effect Account Credited Type Effect asset + stockholders' equity+