Changes in individual accounts: Suppose that the Inventory account for DaleksRUs has a beginning balance of $7,350 on May 1^st, 2018. On May 5^th, 2018, DaleksRUs purchased additional inventory worth $13,900 on account from suppliers. On May 13^th, 2018, DaleksRUs sold inventory, which originally cost $9,405, for $17,620 in cash.

Assuming there were no other transactions, what will be the ending balance of the Inventory account on May 31^st, 2018?

Debits/Credits: For each of the following accounts, indicate whether a debit will increase or decrease the balance of the account and whether a credit will increase or decrease the balance of the account. I have completed a. for you as an example.

1. Account:	Debit:	Credit:
   Wages Expense	Increases wages expense	Decreases wages expense
   Accounts Payable
   Accounts Receivable
   Utilities expense
   Utilities payable
   Service Revenue
   Supplies
   Dividends
   Equipment