Five account classifications are shown as column headings in the table below. For each account classification, indicate the manner in which increases and decreases are recorded (i.e., by debits or by credits). Owners' Revenue Expenses Assets Liabilities Equity Increases recorded by: Decreases recorded by:

Five account classifications are shown as column headings in the table below. For each account classification, indicate the manner in which increases and decreases are recorded (i.e., by debits or by credits). Owners' Revenue Expenses Assets Liabilities Equity Increases recorded by: Decreases recorded by:

College Accounting (Book Only): A Career Approach

13th Edition

ISBN:9781337280570

Author:Scott, Cathy J.

Publisher:Scott, Cathy J.

Chapter4: Adjusting Entries And The Work Sheet

Section: Chapter Questions

Problem 1E: 1. List the following classifications of accounts in all of the columns in which they appear on the...

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