Indicate whether a debit or credit entry would be required to record the following changes in each account.
a.To decrease Cash
b.To increase Common Stock
c.To decrease Accounts Payable.
d.To increase Salaries Expense.
e.To decrease Supplies.
f.To increase Revenue.
g.To decrease Accounts Receivable.
h.To increase Dividends.

Question

Quizplus · Accepted Answer

The Answer of Indicate whether a debit or credit entry would be required to record the following changes in each account.
a.To decrease Cash
b.To increase Common Stock
c.To decrease Accounts Payable.
d.To increase Salaries Expense.
e.To decrease Supplies.
f.To increase Revenue.
g.To decrease Accounts Receivable.
h.To increase Dividends.

Indicate Whether a Debit or Credit Entry Would Be Required