D Question 34 Using the following list of accounts: Accounts payable Accounts receivable Cash Fixed assets Income tax expense Income tax payable Note payable Payroll taxes payable M Omo Salaries payable Supplies inventory Operating expenses Prepaid expenses Prepaid insurance Retained earnings Service revenue Uneamed revenue N P Enter the letter associated with each transaction to identify the accounts that would be used in the Journal entry for each transaction given below. Transaction Transaction | Debit Credit Example Service revenue earned and cash collected in full. Accrued current month salaries, to be paid next month ignore taxes) Paid cash for invoice received in (2) above. Purchased building by signing a loan agreement Declared and paid dividends to stockholders Recognized revenue relating to deposit received in prior month