For each of the following unrelated transactions, list the accounts that will be debited and credited.
a) Borrowed cash from the bank.
b) Provided services on account.
c) Paid cash for office supplies.
d) Collected cash due on accounts receivable.
e) Paid cash dividends to stockholders.

Question

Quizplus · Accepted Answer

The Answer of For each of the following unrelated transactions, list the accounts that will be debited and credited.
a) Borrowed cash from the bank.
b) Provided services on account.
c) Paid cash for office supplies.
d) Collected cash due on accounts receivable.
e) Paid cash dividends to stockholders.

For Each of the Following Unrelated Transactions, List the Accounts