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IRCES NO Paint Designs began operations on April 1, 2021. The company completed the following transactions in its first month ww.Study Apr.1 The owner, Nazim Dhaliwal invested $12.800 cash in the company. 2 Purchased equipment for $5,000 on account. 2 Purchased a one year insurance policy effective April 1, and paid the premium of $1,500 2 Purchased $590 of supones for cash. 7 Paid cash for $600 of advertising expenses. 8 Finished a painting project for Maya Angelina and collected $630 cash 10 Received a $1,270 contract from a customer SUS Terrine to paint its new office space. SUB Terrain will pay when the project is complete 25 The owner, Nam Dhaal, withdrew $950 cash for his se 28 Completed the contract with SUS Terrain Inc from Apr 10 and collected the amount owing 29 Received 1,800 wth from Herphis Shek for a painting project that No Pant Designs wil start on May 5 30 Paid for the equipment purchased on account on April 2 For each transaction indicate (1) the basic type of account obited and credited (we b , or owner's equity: (2) the specife account debited and credited (Cash, Rent Expense, Service Rever, whe) and (3) whether each acutis increased ) or decreased and by what amount. Use the fowing format, in which the first transaction is given as an example: entry required, select "No Transaction for the basic type "No Entry for the specie type, "NA" for increase/Decres and enter for the act) Account Debited Account Credited Transaction as Type Specific Account Base Type Specife Account

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