Question: Current Attempt in Progress Selected transactions for Acosta Decot, an interior design company, in its first month of business are as follows. Jan.2 Marie Acosta


Current Attempt in Progress Selected transactions for Acosta Decot, an interior design company, in its first month of business are as follows. Jan.2 Marie Acosta itvested 10,000 cash in business in exchange for ordinary shares. 3 Purchased used car for 3,000 cash for use in business. 9 Purchased supplies on account for E600. 11 Billed customers 2,400 for services performed. 16 Paid e3so cash foradvertising 20 Received 6900 cash from customers billed on lanuary 11. 23 Paid creditor 300 cash on balance owed. 28 Declared and paid a 1,000 C For each tranaction, indicate the following, January 2 transac tion is given as an example. For each transaction, indicate the following. January 2 transaction is given as an example. a. The basic type of account debited and credited, (asset, liability, equity). b. The specific account debited and credited (Cash, Rent Expense, Service Revenue. etc.). c. Whether the specific account is increased or decreased. d. The normal balance of the specific account
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