For each of the following transactions, indicate whether the accounts affected are an asset, a liability, an equity, an income or an expense. Also indicate whether the accounts are being increased or decreased and whether the increase or decrease is a debit or credit. Ignore GST.

1.    Owner gave their personal computer to the business.

2.    Employed a secretary.

3.    Cash payment made for insurance 6 months in advance.

4.    Purchased supplies on credit.

5.    Paid a creditor using an electronic transfer.

6.    Invoiced a customer for services performed.

7.    Owner paid for their personal groceries using the business credit card.

8.    Paid some cash and took out a loan to purchase office furniture.

9.    Received cash from a customer that owed the business money.

10.    Paid for an advertisement aired on television.