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urrent Attempt in Progress Moore's Logistics Consulting has the following transactions during August.' Aug. 1 Received $16,200 cash from the company's owner, Barbara Moore. 4 Paid rent in advance for three months, $4,220. 5 Purchased $625 of office supplies on account. 6 Received $665 from clients for services provided. 17 Billed clients $1,820 for services provided. 27 Paid secretary $590 salary. 29 Paid the company's owner, Barbara Moore, $930 cash for personal use. For each transaction, indicate (a) the basic type of account to be debited and credited (asset, liability, owner's equity); (b) the specific accounts to debit and credit (for example, Cash, Service Revenue, Accounts Payable); and (c) whether each account is increased ( + ) or decreased (-), and by what amount. Use the following format, in which the first transaction has been done for you as an example: Account Debited (a) (b) Basic Type Asset Specific Account Cash (c) Effect (a) Basic Type $16,200 Owner's Equity $ $ $ $ $ $ urrent Attempt in Progress Moore's Logistics Consulting has the following transactions during August.' Aug. 1 Received $16,200 cash from the company's owner, Barbara Moore. 4 Paid rent in advance for three months, $4,220. 5 Purchased $625 of office supplies on account. 6 Received $665 from clients for services provided. 17 Billed clients $1,820 for services provided. 27 Paid secretary $590 salary. 29 Paid the company's owner, Barbara Moore, $930 cash for personal use. For each transaction, indicate (a) the basic type of account to be debited and credited (asset, liability, owner's equity); (b) the specific accounts to debit and credit (for example, Cash, Service Revenue, Accounts Payable); and (c) whether each account is increased ( + ) or decreased (-), and by what amount. Use the following format, in which the first transaction has been done for you as an example: Account Debited (a) (b) Basic Type Asset Specific Account Cash (c) Effect (a) Basic Type $16,200 Owner's Equity $ $ $ $ $ $

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