Review the transactions and determine the accounts, the account types (use assets; liabilities; owner, capital; owner,...

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Review the transactions and determine the accounts, the account types (use assets; liabilities; owner, capital; owner, withdrawals; revenue; and expenses), if they increase/decrease and if they are DR/CR. List accounts in order they would be in the journal entry. Accrued liability for utilities. Account #1 Account Type Increase/Decrease Debit/Credit Assets Increase Debit Account #2 Account Type Increase/Decrease Debit/Credit Liabilities Increase Credit Collected cash for services Account #1 Account Type Increase/Decrease Debit/Credit Account #2 Account Type Increase/Decrease Debit/Credit O Type here to search Account Type Debit/Credit Account #2 Increase/Decrease Purchase of building with note. Account1 Account Type Increase/Decrease Debit/Credit Account a2 Account Type Increase/Decrease Debit/Credit Provided services on account Account 1 Account Type Increase/Decrease Debit/Credit Account #2 Account Type Increase/Decrease Debit/Credit Type hese to search 8 Bright, the owner, withdrew cash. Account #1 Account Type Increase/Decrease Debit/Credit Account #2 Account Type Increase/Decrease Debit/Credit prd the following transactions as journal entries. Purchased $9,000 of office supplies on account. Date Accounts and Explanation Debit Credit Purchased 59.000 of office supplies on account. Date Accounts and Epilanation Debi Credit Nov3 Prepaid $5.000 cash for rent. Date Accounts and Explanation Debit Credit Nov 4 Paid $6.000 cash for land Date Accounts and Explanation Debit Credit Nor5 Paid S6.000 cash for land Date Accounts and Explanation Debit Credit NI.S Collected SS.000 cash for future services Date Accounts and Explanation Debit Credit Nov 5 Paid $5.000 for repairs to the company truck Date Accounts and Explanation Debit Credit Nov.5 Review the transactions and determine the accounts, the account types (use assets; liabilities; owner, capital; owner, withdrawals; revenue; and expenses), if they increase/decrease and if they are DR/CR. List accounts in order they would be in the journal entry. Accrued liability for utilities. Account #1 Account Type Increase/Decrease Debit/Credit Assets Increase Debit Account #2 Account Type Increase/Decrease Debit/Credit Liabilities Increase Credit Collected cash for services Account #1 Account Type Increase/Decrease Debit/Credit Account #2 Account Type Increase/Decrease Debit/Credit O Type here to search Account Type Debit/Credit Account #2 Increase/Decrease Purchase of building with note. Account1 Account Type Increase/Decrease Debit/Credit Account a2 Account Type Increase/Decrease Debit/Credit Provided services on account Account 1 Account Type Increase/Decrease Debit/Credit Account #2 Account Type Increase/Decrease Debit/Credit Type hese to search 8 Bright, the owner, withdrew cash. Account #1 Account Type Increase/Decrease Debit/Credit Account #2 Account Type Increase/Decrease Debit/Credit prd the following transactions as journal entries. Purchased $9,000 of office supplies on account. Date Accounts and Explanation Debit Credit Purchased 59.000 of office supplies on account. Date Accounts and Epilanation Debi Credit Nov3 Prepaid $5.000 cash for rent. Date Accounts and Explanation Debit Credit Nov 4 Paid $6.000 cash for land Date Accounts and Explanation Debit Credit Nor5 Paid S6.000 cash for land Date Accounts and Explanation Debit Credit NI.S Collected SS.000 cash for future services Date Accounts and Explanation Debit Credit Nov 5 Paid $5.000 for repairs to the company truck Date Accounts and Explanation Debit Credit Nov.5

Answer rating: 100% (QA)

Received cash on account from a customer Account Type IncreaseDecrea... View the full answer