Below Is a Chart of Accounts

Essay

Below is a chart of accounts.Following is a series of transactions.Indicate for each transaction the accounts that should be debited and credited by inserting the proper account number in the space provided.
$\begin{array} { l l } 111 \text { Cash } & 312 \mathrm { R } \text {. Andrews, Withdrawals } \\112 \text { Accounts Receivable } & 411 \text { Service Fees } \\121 \text { Office Equipment } & 511 \text { 5alaries Expense } \\211 \text { Accounts I ayable } & 512 \text { Rent Expene } \\311 \text { R. Andrews, Capital } & 513 \text { Advertising Expense }\end{array}$ $\begin{array}{lll} \text { Debit}& \text { Credit}& \text { Transaction } \\\underline{\quad\quad}&\underline{\quad\quad}& \text { 1. Purchased office equipment on account. } \\\underline{\quad\quad}&\underline{\quad\quad}& \text { 2. Paid salaries for the week. } \\\underline{\quad\quad}&\underline{\quad\quad}& \text { 3. Invested additional cash in the business.}\\\underline{\quad\quad}&\underline{\quad\quad}& \text { 4. Received cash for services performed. } \\\underline{\quad\quad}&\underline{\quad\quad}& \text {5. Billed a client on account for services performed } \\\underline{\quad\quad}&\underline{\quad\quad}& \text { 6. Paid accounts payable.}\\\underline{\quad\quad}&\underline{\quad\quad}& \text { 7. Collected accounts receivable.} \\ \underline{\quad\quad}&\underline{\quad\quad}&\text { 8. Withdrew cash for personal use. } \\\underline{\quad\quad}&\underline{\quad\quad}& \text { 9. Paid advertising expense. } \\\underline{\quad\quad}&\underline{\quad\quad}& \text { 10. Paid rent expense for the month. } \\\end{array}$