T accounts:

Answer format:

EX 2-13. Identifying transactions Obj. 1, 2 Napa Tours Co. is a travel agency. The nine transactions record- ed by Napa Tours during April 2018, its first month of operations, are indicat ed in the following T accounts: SHOW ME HOW Indicate for each debit and each credit: (A) whether an asset, liability, stockholders' equity, dividend, rev- enue, or expense account was affected and (B) whether the account was in- creased ( or decreased (-). Present your answers in the following form, with transaction () given as an example: Transac- Type Effect tion asset Less than a minute-48 pages left Equipment 15,000 Cash Dividends 1,000 3,400 (3) 5,000 4,850 2,500 1,000 50,000 (2) 8,700 (3) Accounts Receivable Accounts Payable Service Revenue 18,200 (7) 8,700 (6) 2,500 (3) 10,000 18,200 ating Expenses ,850 1,100 Common Stock 3,400 (8) 1,100 0,000 (4 Account Debited Account Credited TransactionType Type stockholders' equity + Effect Effect asset