Big Marker uses the standard chart of accounts in Quick Books to maintain its financial records.

a. Suggest specific account titles and account numbers for at least three accounts in each of the following categories: current assets, plant assets, current liabilities, long-term liabilities, equity, revenue and expense.

b. Use the account titles and account numbers from (a) to suggest at least ten transactions Big Marker would commonly process. Indicate, using the account names and numbers, how Big Marker would record each transaction you suggest.