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Complete the following table. For each account listed on the left, fill in what category it belongs to, whether increases and decreases in the account
Complete the following table. For each account listed on the left, fill in what category it belongs to, whether increases and decreases in the account are marked on the debit or credit sides, and on which financial statement the account appears. A sample is provided.
Accounts Affected | Category | Increases | Decreases | Appears on Which Financial Statement | ||
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Office Supplies | Asset | Dr. | Cr. | Balance Sheet | ||
Rental Fees Earned |
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A. Troy, Withdrawals |
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Accounts Payable |
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Wage Expense |
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Computer |
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