Question

Describe a transaction that resulted in the following changes in accounts.
a. Rent Expense is increased by $ 1,050, and Cash is decreased by $ 1,050.
b. Advertising Expense is increased by $ 835, and Accounts Payable is increased by $ 835.
c. Accounts Receivable is increased by $ 372, and Service Income is increased by $
d. Cash is decreased by $ 410, and C. Tryon, Drawing, is increased by $ 410.
e. Equipment is increased by $ 1,850, Cash is decreased by $ 850, and Accounts Payable is increased by $ 1,000.
f. Cash is increased by $ 1,650, and Accounts Receivable is decreased by $ 1,650.



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  • CreatedOctober 21, 2014
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