Textbook Problem

Describe a transaction that resulted in the following changes in accounts:

1. a. Rent Expense is increased by $1,050, and Cash is decreased by $1,050.
2. b. Advertising Expense is increased by $835, and Accounts Payable is increased by $835.
3. c. Accounts Receivable is increased by $372, and Service Income is increased by $372.
4. d. Cash is decreased by $410, and C. Tryon, Drawing, is increased by $410.
5. e. Equipment is increased by $1,850, Cash is decreased by $850, and Accounts Payable is increased by $1,000.
6. f. Cash is increased by $1,650, and Accounts Receivable is decreased by $1,650.