For each transaction given, enter a debit and a credit to reflect the increases and decreases of the assets, liabilities, and stockholders$$ equity accounts. In some cases there may be a Debit and a Credit in the same box.

Transactions

Assets

Liabilities

Common stock

Dividends

Revenues

Expenses

$1.$

Invests cash in exchange for stock.

select an option

select an option

select an option

select an option

select an option

select an option

$2.$

Pays insurance in advance for six months.

select an option

select an option

select an option

select an option

select an option

select an option

$3.$

Pays secretary$\text{'}$s salary.

select an option

select an option

select an option

select an option

select an option

select an option

$4.$

Purchases supplies on account.

select an option

select an option

select an option

select an option

select an option

select an option

$5.$

Pays electricity bill.

select an option

select an option

select an option

select an option

select an option

select an option

$6.$

Borrows money from local bank.

select an option

select an option

select an option

select an option

select an option

select an option

$7.$

Makes payment on account.

select an option

select an option

select an option

select an option

select an option

select an option

$8.$

Receives cash due from customers.

select an option

select an option

select an option

select an option

select an option

select an option

$9.$

Provides services on account.

select an option

select an option

select an option

select an option

select an option

select an option

$10.$

The company pays a dividends.

select an option

select an option