Question: Please write dwon what each statement debit (DR) and credit (CR) for 1.Sell a products or services on account 2. Pay a payble 3.Collect a

Please write dwon what each statement debit (DR) and credit (CR) for

1.Sell a products or services on account

2. Pay a payble

3.Collect a receivable

4.recognize COGS expense

5.recogniza but not pay advertising expense

6.Declare a dividend

7.recognize rent expense from a prepaid account

8.Purchase inventory on account

9.recogniza rent expense but not pay it

10. pay accrued expense

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