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9. When an accounts receivable is settled in cash, which account is debited? a. Accounts receivable b. Cash C. Bad debt expense d. Sales returns and allowances 10. When equipment is sold for cash, which account is credited? a. Cash b. Equipment C. Revenue d. Accounts Receivable 11. When you purchase inventory on credit terms, which of your accounts is debited? a. Cash b. Accounts Receivable C. Inventory d. B and C 17. If a company pays a cash dividend of $3,000 to shareholders, what account types will be affected and how? a. Assets increase and Liabilities increase b. Liabilities increase and Equity increases Assets decrease and Equity decrease c