[The following information applies to the questions displayed below.] Here are selected transactions of...

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Accounting

[The following information applies to the questions displayed below.]
Here are selected transactions of the Castillo Shipping Service.
DATE
March 1,20X1 The owner made an additional investment of $51,500 in cash.
March 2,20X1 Purchased supplies for $6,150 on credit.
March 3,20X1 Issued a check for $6,000 to pay the monthly rent.
March 4,20x1 Provided services for $9,060 on credit.
March 5,20X1 Performed services for $20,150 in cash.
March 6,20X1 Issued a check for $4,350 to pay a creditor on account.
March 7,20X1 Purchased new equipment for $11,300 and paid for it immediately by check.
March 8,20x1 Collected $6,760 from credit customers.
March 9,20X1 Sent a check for $1,525 to the utility company to pay the monthly bill.
March 10,20x1 Gave a cash refund of $1,075 to a customer because of a lost package (the customer previously paid in (ash).
Analyze the transactions and indicate by number what accounts should be debited and credited for each transaction.
\table[[Date,Transaction,Debit,Credit],[March 1,20X1,1. The owner made an additional investment of $51,500 in cash.,[,],[March 2,20X1,2. Purchased supplies for $6,150 on credit.,7,],[March 3,201,3. Issued a check for $6,000 to pay the monthly rent.,,],[March 4,201,4. Provided services for $9,060 on credit.,,],[March 5,201,5. Performed services for $20,150 in cash.,,],[March 6,20X1,6. Issued a check for $4,350 to pay a creditor on account.,,],[March 7,20X1,\table[[7. Purchased new equipment for $11,300 and paid for it immediately by],[check.]],,],[March 8,20X1,8. Collected $6,760 from credit customers.,,],[March 9,20X1,9. Sent a check for $1,525 to the utility company to pay the monthly bill.,,],[March 10,201,\table[[10. Gave a cash refund of $1,075 to a customer because of a lost package],[(the customer previously paid in cash).]],,]]
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