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Given the following two t accounts, what can be definitely said about this company's instruction? Transaction four indicates the company received $600 from its credit

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Given the following two t accounts, what can be definitely said about this company's instruction? Transaction four indicates the company received $600 from its credit customers. Transaction three indicates the company returned merchandise for $700. Transaction one indicates the company sold merchandise for $12100. Transaction five indicates the company bought merchandise for $5900. Which of the following accounts is increased with a debit? Merchandise Inventory Sales Revenue Notes Payable Capital Accounts Payable York Inc. acquired land costing $25,000. York Inc. paid $ 10,000 in cash and issued a short-term note for the balance. The effect of this transaction on York Inc. would be to: Increase the land a account by $25,000 decrease the cash account by $10,000 and increase the balance in the notes payable account by $15,000 Increase the land a account by $25,000 decrease the cash account by $10,000 and decrease the balance in the notes payable account by $15,000 Increase the land a account by $10,000 and decrease the cash account by $10,000 Increase the land a account by $25,000 decrease the cash account by $10,000 and increase the balance in the notes receivable account by $15,000 Increase the land a account by $25,000 decrease the cash account by $10,000 and decrease the balance in the notes receivable account by $15,000 Jordan Inc. owned 1and originally coning $19,000. A real estate .agent appraised to land and stated that it was now worth $22,000. Jordan Inc. should: Increase the land account by $3,000 and increase the cash account by S3,000 Increase the land account by $3,000 and increase the capital stock account by S3,000 Increase the land account by $3,000 and increase the paid-in capital in excess of par account by S3,000 Increase the land account and the unearned revenue account There is no effect from this transaction on the accounts of Jordan Inc. To record to prepaid insurance tot has expired during to period, the entry would include a debit to: Retained Earnings Insurance Expense Accrued Insurance Unearned Insurance Prepaid insurance

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