Identify whether a debit or credit would be correct for each of the following account changes.Use a Dr.(debit)or Cr.(credit)in the space provided.
________ 1.Increase Delivery Van
________ 2.Increase Accounts Receivable
________ 3.Increase Accounts Payable
________ 4.Increase Salaries Expense
________ 5.Increase Service Fees Earned
________ 6.Decrease Cash
________ 7.Increase S.McCrae,Capital
________ 8.Increase S.McCrae,Withdrawals
________ 9.Increase Rent Expense
________ 10.Increase Equipment
Correct Answer:
Verified
2.Dr.
3.Cr.
4....
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q94: For each of the following, identify
Q95: Why is Revenue increased on the Credit
Q95: For each of the following, identify
Q96: For each of the following, identify
Q98: For each of the following, identify
Q100: For each of the following, identify
Q101: Given the following list of accounts
Q102: Which type of account would NOT be
Q102: A list of all the accounts from
Q103: Which of the following is prepared last?
A)
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents