Eight transactions are recorded in the following T-accounts:
Indicate for each debit and each credit: (a) whether an asset, liability, capital, drawing, revenue, or expense account was affected and (b) whether the account was increased (+) or (-) decreased. Answers should be presented in the following chart form:

Question

Eight transactions are recorded in the following T-accounts:  
Indicate for each debit and each credit: (a) whether an asset, liability, capital, drawing, revenue, or expense account was affected and (b) whether the account was increased (+) or (-) decreased. Answers should be presented in the following chart form:

Quizplus · Accepted Answer

The Answer of Eight transactions are recorded in the following T-accounts:  
Indicate for each debit and each credit: (a) whether an asset, liability, capital, drawing, revenue, or expense account was affected and (b) whether the account was increased (+) or (-) decreased. Answers should be presented in the following chart form:

Eight Transactions Are Recorded in the Following T-Accounts