Question: Bright, the owner, withdrew cash. Account #1 Account Type Increase/Decrease Debit/Credit Account #2 Account Type Increase/Decrease Debit/Credit Bright, the owner, contributed furniture in exchange for



Bright, the owner, withdrew cash. Account #1 Account Type Increase/Decrease Debit/Credit Account #2 Account Type Increase/Decrease Debit/Credit Bright, the owner, contributed furniture in exchange for capital. Account Account Type Increase/Decrease Debit/Credit cash assets Increase Debit Account #2 Account Type Increase/Decrease Debit/Credit owner, capital owner capital Increase Credit Pald cash on account Account Account Type Increase/Decrease Debit/Credit Paid cash on account Account #1 Account Type Increase/Decrease Debit/Credit Account #2 Account Type Increase/Decrease Debit/Credit Prepaid for rent Account Account Type Increase/Decrease Debit/Credit Account #2 Account Type Increase/Decrease Debit/Credit Paid cash for land. Account Account Type Increase/Decrease Debit/Credit cash liability Decrease Credit hiccalatian IRIDO no pot Dabidi Bright, the owner, contributed $5,000 in exchange for capital. Accounts and explanation Debit Credit Date Nov. 3 Bought a company truck for $9,000 by signing a note at the bank Accounts and explanation Date Debit Credit Nov. 4 Paid 56,000 cash for land Date Accounts and Explanation Debit Credit NIN Purchased 59,000 of office supplies on account. Date Accounts and Explanation Debit Credit 12 Nov. 5 Purchased $9,000 of office supplies on account. Accounts and explanation Date Debit Credit Nov.5 Bright, the owner, withdrew $8,000 cash. Date Accounts and Explanation Debit Credit Nov.5
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