Review the transactions below and identify with an "X" those that would be posted as a credit in the ledger (The first one has been done for you):
_ X_ 1. Salary Payable was increased.
_____2. Cash was decreased
_____3. Equipment was increased
_____4. Owner, Capital was increased
_____5. Salaries Expense was increased
_____6. Accounts Receivable was decreased
_____7. Unearned Revenue was increased
_____8. Owner, Withdrawals was increased
_____9. Supplies was increased
_____10. Building was increased
_____11. Utilities Expense was increased
_____12. Service Revenue was increased

Question

Review the transactions below and identify with an "X" those that would be posted as a credit in the ledger (The first one has been done for you):
 _ X_ 1. Salary Payable was increased.
_____2. Cash was decreased
_____3. Equipment was increased
_____4. Owner, Capital was increased
_____5. Salaries Expense was increased
_____6. Accounts Receivable was decreased
_____7. Unearned Revenue was increased
_____8. Owner, Withdrawals was increased
_____9. Supplies was increased
_____10. Building was increased
_____11. Utilities Expense was increased
_____12. Service Revenue was increased

Quizplus · Accepted Answer

The Answer of Review the transactions below and identify with an "X" those that would be posted as a credit in the ledger (The first one has been done for you):
 _ X_ 1. Salary Payable was increased.
_____2. Cash was decreased
_____3. Equipment was increased
_____4. Owner, Capital was increased
_____5. Salaries Expense was increased
_____6. Accounts Receivable was decreased
_____7. Unearned Revenue was increased
_____8. Owner, Withdrawals was increased
_____9. Supplies was increased
_____10. Building was increased
_____11. Utilities Expense was increased
_____12. Service Revenue was increased

Review the Transactions Below and Identify with an "X" Those