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Napa Tours Co, is a travel agency. The nine transactions recorded by Napa Tours during Apri
2018, its first month of operations, are indicated in the following T accounts; whether the
accourit was increased or decreased. Indicate for each debit and each credit: whether an asset,
liability, stockholders' equity, dividend, revenue, or expense account was affected and whether
the account was increased or decreased.

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  • 1. Napa Tours Co, is a travel agency. The nine transactions recorded by Napa Tours during Apri 2018, its first month of operations, are indicated in the following T accounts; whether the accourit was increased or decreased. Indicate for each debit and each credit: whether an asset, liability, stockholders' equity, dividend, revenue, or expense account was affected and whether the account was increased or decreased.