Question: Question 4 18 pts For each journal entry, write-in the account that would be debited and the account that would be credited. DO NOT use

Question 4 18 pts For each journal entry, write-in the account that would be debited and the account that would be credited. DO NOT use capital letters, DO NOT abbreviate, and use correct spelling. For example: accounts receivable 1. Received cash for common stock, $20,000. The account you debit is: and the account you credit is: 2. Purchased supplies on account, $600. The account you debit is: and the account you credit is: DELL SC F2 F3 F4 F5 F6 F7 9 F10 # $ % 5 & 7 1 2 3 4 0) 8 3. Billed customers on account for providing services, $10.200. The account you debitis: and the account you credit is: 4. Paid salaries expense, $5,000. The account you debit is: and the account you credit is: 5. Received cash from customers on account, $2,500. The account you debit is: and the account you credit is: 6. Paid $10,000 for land. The account you debit is: and the account you credit is: DLL
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
