Match each of the following transactions of Ardon Peralta \& Company, a landscape design firm, with the appropriate letters, indicating the debits and credits to be made. The key for the letters follows the list of transactions. The correct answer for Transaction 1 is given as an illustration:

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1. Purchased supplies on account. 2. Paid interest on a bank loan. 3. The business paid the stockholders a dividend. 4. Returned some defective supplies and received a reduction in the amount owed. 5. Made payment to repay bank loan. 6. Received an invoice for supplies used. 7. Received payment in advance from client for work to be done next month. 8. Paid employee's salary. 9. Peralta contributed additional capital to the business. Financial Effect of Transaction a. Debit an asset g. Debit dividends b. Credit an asset h. Credit dividends c. Debit a liability i. Debit a revenue d. Credit a liability j. Credit a revenue e. Debit common stock k. Debit an expense f. Credit common stock 1. Credit an expense Answer a, d