For each of the transactions below, indicate the account to be debited or credited by placing the letter representing the account in the appropriate column. ACCOUNTS а. Ассоunts Payable Ассоunts rеceivable j. supplies Cash 8. Саpttal e. Rent Expense h. Notes Payable Drawing f. Salaries Expense i. Equipment TRANSACTIONS DEBIT CEDIT Investment of the Owner Received cash for services rendered Purchased equipment Bought supplies on credit. Paid rent Paid on account. Withdrew cash from the business. Paid salaries

For each of the transactions below, indicate the account to be debited or credited by placing the letter representing the account in the appropriate column. ACCOUNTS а. Ассоunts Payable Ассоunts rеceivable j. supplies Cash 8. Саpttal e. Rent Expense h. Notes Payable Drawing f. Salaries Expense i. Equipment TRANSACTIONS DEBIT CEDIT Investment of the Owner Received cash for services rendered Purchased equipment Bought supplies on credit. Paid rent Paid on account. Withdrew cash from the business. Paid salaries

Name: I.For each of the transactions below, indicate the account to be debi
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Description: I.For each of the transactions below, indicate the account to be debited or credited by placing the letterrepresenting the account in the appropriate column.ACCOUNTSd. Accounts PayableAccounts receivablej. suppliesCash8. Саpitale. Rent Expenseh. Not

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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