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Accrued liability for utilities. Account Type Increase/Decrease Account #1 Utilities Expense Expense Account Type Increase/Decrease Account #2 Utilities Payable Liability Increase Paid cash for salaries

Accrued liability for utilities. Account Type Increase/Decrease Account #1 Utilities Expense Expense Account Type Increase/Decrease Account #2 Utilities Payable Liability Increase Paid cash for salaries Account #1 Account Type Increase/Decrease Salaries Expense Expense Increase Account #2 Account Type Increase/Decrease cash Asset Decrease Declared and paid cash dividend. Account #1 Account Type Increase/Decrease Account #2 Account Type Increase/Decrease Bought a company truck by signing a note at the bank Account #1 Account Type Increase/Decrease Truck Asset Account #2 Account Type Increase/Decrease Notes Payable Liability Paid cash on account Account #1 Account TV ncrease/Decrease

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