company uses the following accounts: Accounts Payable Cash Prepaid Rent Common Stock Salarios Payable Equipment Supplies Rent Expense Notes Payable Salaries Expense Accounts Receivable Utilities Expense Service Revenue Retained Earnings Dividends equired: dicate which accounts should be debited and which should be credited for the following transactions of the compa Account Debited Equipment Account Credited Cash Transactions Example: Purchase equipment in exchange for cash 1. Pay a cash dividend 2. Pay rent in advance for the next three months. 3. Provide services to customers on account 4. Purchase office supplies on account 5. Pay salaries for the current month 6. Issue common stock in exchange for cash 7. Collect cash from customers for services provided in (3) above. B. Borrow cash from the bank and sign a note. 9. Pay for the current month's utilities 10. Pay for office suppllos purchased in (4) above MacBook Air DO RO 73 SD 2: 81 Dil FB N # 3 $ 4 % 5 & 7 6 ) O 8 9 W E 20 T Y U 0 S D F G H J L