Question: Paid for a one year insurance policy Increase/Decrease Account Type Account #1 Debit/Credit Increase/Decrease Account Type Account #2 Debit/Credit Owner contribution of furniture in exchange

#1 Debit/Credit Increase/Decrease Account Type Account #2 Debit/Credit Owner contribution of furniture

Paid for a one year insurance policy Increase/Decrease Account Type Account #1 Debit/Credit Increase/Decrease Account Type Account #2 Debit/Credit Owner contribution of furniture in exchange for common stock Account #1 Debit/Credit Account Type Increase/Decrease Account #2 Account Type Increase/Decrease Debit/Credit Collected cash for services Account #1 Account Type Increase/Decrease Debit/Credit Account #2 Account Type Increase/Decrease Debit/Credit Accrued liability for utilities. Account #1 Account Type Increase/Decrease Debit/Credit Account #2 Account Type Increase/Decrease Debit/Credit Purchased office furniture on account Account #1 Account Type Increase/Decrease Debit/Credit Account #2 Account Type Increase/Decrease Debit/Credit

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