1. Which pair of accounts follows the rules of debit and credit in relation to increases and decreases in the same manner?

a) Retained Earnings and Supplies

b) Equipment and Selling Expense

c) Dividends and Service Revenue

d) Service Revenue and Accounts Receivable

e) Rent Expense and Accounts Payable

2. A trial balance will not balance if

a) a $50 cash purchase of supplies was posted twice.

b) a $50 cash dividend was debited to Dividends for $500 and credited to cash for $500.

c) a $500 payment of an account payable was debited to Accounts Payable for $50 and credited to Cash for $500.

d) a $500 receipt of a customers advance payment for services was recorded as a $500 debit to Cash and a $500 credit to Service Revenue.

e) a $500 collection of cash was not posted.