Complete the following entries by using a "debit" or "credit".
Received payment from a customer. Cash would have a: ________
Owner makes an investment of equipment. Capital would have a: ________
Paid rent in advance. Prepaid Rent would have a: ________
Billed a customer for services rendered. Revenue would have a: ________
Paid an advertising bill received last month. Cash would have a: ________
Owner withdrew cash. Withdrawals would have a: ________

Question

Quizplus · Accepted Answer

The Answer of Complete the following entries by using a "debit" or "credit".
Received payment from a customer. Cash would have a: ________
Owner makes an investment of equipment. Capital would have a: ________
Paid rent in advance. Prepaid Rent would have a: ________
Billed a customer for services rendered. Revenue would have a: ________
Paid an advertising bill received last month. Cash would have a: ________
Owner withdrew cash. Withdrawals would have a: ________

Complete the Following Entries by Using a "Debit" or "Credit