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edited. The accounts for the first event are identified as an example. table [ [ Event , Account Debited, ] , [ a .
edited. The accounts for the first event are identified as an example.
tableEventAccount Debited,aReceived cash by issuing common stock.,Cash,bReceived cash for services to be performed in the future.,,cPaid salaries payable.,,dProvided services on account.,,ePaid cash for operating expenses.,,fPurchased supplies on account.,,gRecognized revenue for services completed. Cash had been collected in Event bhRecognized accrued salaries expense.,,iRecognized expense for supplies used during the period.,,jPerformed services for cash.,,kPaid accounts payable.,,IReceived cash in payment of accounts receivable.,,mPaid a cash dividend to the stockholders.,,
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