Question: For the transaction below, indicate which account would be debited and which account would be credited. Problem 2.1 Paid for inventory purchased last month. Debit:

For the transaction below, indicate which account would be debited and

For the transaction below, indicate which account would be debited and which account would be credited. Problem 2.1 Paid for inventory purchased last month. Debit: [Select ] Credit: [Select ] Question 17 4p For the transaction below, indicate which account would be debited and which account would be credited. Problem 2.2 Borrowed money from the bank. Debit: [Select] Credit: [Select ]

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