Question: Please help me solve this question about accounting major, thank you! For the following transaction, answer the questions that follow in accordance with the rules

Please help me solve this question about accounting major, thank you!

 Please help me solve this question about accounting major, thank you!

For the following transaction, answer the questions that follow in accordance with the rules of journalizing and the doubleentryr accounting system: Transaction: Hayes Company received $5,500 for services performed. Which two accounts are A A affected? Choose one Choose one What kind of accounts are Choose one 3 Choose one a they? Do the account balances (1- Increase (j. Decrease 0 Increase CI Decrease Increase or decrease? - - - - Do we debit or credit the (j. Debit (j. Credit (3 Debit CI Credit accounts? - - - - x s

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