Question
for each of the following transactions list the account names that will be debited and credited. the first one is done for you. transactions accounts
for each of the following transactions list the account names that will be debited and credited. the first one is done for you.
transactions accounts debited accounts credited
1. cash common stock
1) abc company issued common stock for cash
2) the company provided services to a customer for cash
3)the company purchased office supplies on account
4)the company paid for the office supplies purchased above
5)the company received cash for services to be performed next year
6)the company paid for insurance policy that will begin in 2 months
7)the company paid wages to its employees with cash
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