SHOW ME HOW EX 2-13 Identifying transactions Obj. 1, 2 Rocky Mountain Tours Co. is a travel agency. The nine transactions recorded by Rocky Mountain Tours during June 2012, its first month of operations, are indicated in the following T accounts: Cash Equipment Dividends (1) 40,000 (2) 4,000 (3) 15,000 (9) 1,500 (7) 13,100 (3) 5,000 (4) 6,175 (6) 6,000 19) 1,500 (5) Accounts Receivable 20,500 (7) Accounts Payable 6,000 (3) Service Revenue (5) 13,100 (6) 10,000 20,500 Supplies Common Stock Operating Expenses (2) 4,000 (8) 2,200 (1) 40,000 (4) 6,175 (8) 2,200 Indicate for each debit and each credit: (a) whether an asset, liability, stockholders' equity, dividend, revenue, or expense account was affected and (b) whether the account was increased (+) or decreased (-). Present your answers in the following form, with transaction (1) given as an example: Account Debited Account Credited Transaction Type Effect Type Effect asset stockholders' equity EX 2.14 Journal entries Obj. 1, 2 Based upon the T accounts in Exercise 2-13, prepare the nine journal entries from which the postings were made. Journal entry explanations may be omitted. SHOW ME HOW