Question $7(1$ point$)$

$$ Saved

The transaction below affects BOTH the accounts named.

Paid off your $$12,000$ bank loan: Bank Loan Payable, Cash.

True

False

Question $8(1$ point$)$

$$ Saved

The transaction below affects BOTH the accounts named.

Purchased supplies for $$750$ using a credit card: Supplies expense, Accounts Payable.

$1)$ True

$2)$ False

Question $9(1$ point$)$

The transaction below affects BOTH the accounts named. Customers paid you $$1,400$ cash for services you provided: Accounts