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* ?Paid $500 for a utility bill. Which account is debited Salaries Expense Equipment Utilities Expense Supplies

* ?Paid $500 for a utility bill. Which account is debited Salaries Expense Equipment Utilities Expense Supplies

FINANCIAL ACCOUNTING
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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* ?Paid $500 for a utility bill. Which account is debited Salaries Expense Equipment Utilities Expense Supplies
Transcribed Image Text:* ?Paid $500 for a utility bill. Which account is debited Salaries Expense Equipment Utilities Expense Supplies
On November 6 Jason Taylor withdrew $90,000 from personal savings and deposited it in a new business checking account for JT's Consulting Services. * ?Which account is credited Capital Jason Taylor Investment Withdrew Cash
Transcribed Image Text:On November 6 Jason Taylor withdrew $90,000 from personal savings and deposited it in a new business checking account for JT's Consulting Services. * ?Which account is credited Capital Jason Taylor Investment Withdrew Cash
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