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E - F: 2 - 1 6 ?Analyzing and journalizing transactions ( Learning Objective 3 ) As the manager of Yum Yum Thai, you must
EF: ?Analyzing and journalizing transactions Learning Objective As the manager of Yum Yum Thai, you must deal with a variety of business transactions. Provide an explanation for the following transactions: Debit Equipment and credit Cash. Debit Saelim, Withdrawals and credit Cash. Debit Wages Payable and credit Cash. Debit Equipment and credit Saelim, Capital. Debit Cash and credit Unearned Revenue. Debit Advertising Expense and credit Cash. Debit Cash and credit Service Revenue.
EF: ?Analyzing and journalizing transactions Learning Objective
As the manager of Yum Yum Thai, you must deal with a variety of business transactions. Provide an explanation for the following transactions:
Debit Equipment and credit Cash.
Debit Saelim, Withdrawals and credit Cash.
Debit Wages Payable and credit Cash.
Debit Equipment and credit Saelim, Capital.
Debit Cash and credit Unearned Revenue.
Debit Advertising Expense and credit Cash.
Debit Cash and credit Service Revenue.
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