Question: chose the answer from the drip down menu (on right) for the questions on the left Record the debit and credit in the appropriate account

 chose the answer from the drip down menu (on right) for chose the answer from the drip down menu (on right) for the questions on the left

Record the debit and credit in the appropriate account for each of the following transactions. (Textbook 1 Exercise 2-4) Please try to write down your answer on a piece of paper before you scroll down the options. Issued common stock for cash. Purchased equipment on credit (pay later). Paid for a one-year insurance policy Billed a customer for repairs completed today Choose Choose... Debit Rent Expense, Credit Cash Debit Equipment, Credit Accounts Payable No entry Debit Accounts Receivables, Credit Repair revenue Debit Insurance Expense. Credit Prepaid Expenso Debit Cash, Credit Common Stock Debit Cash, Credit Accounts Receivable Debit Accounts Payable, Credit Cash Debit Cash, Credit Repair Revenue Debit Cash, Credit Unearned Revenue Debit Prepaid Expense, Credit Cash Choose... Paid this month's rent. Collected the amount billed in transac@on 4 above Collected cash for repairs completed today Paid for the equipment purchased before Choose Signed a union contract Collected cash for repairs to be made for customers next month Transferred this month's poreon of prepaid insurance that was used to Insurance Expense. Choose. . Choose

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