Indicate debit credit analysis Transaction A Does it increase or decrease Cash Does it increase or decrease expense Does it increase or decrease revenue Does it increase or decrease money owed Does it increase or decrease owner's equity Wrote a check for $50 for utilities In this transaction Cash is a(n) with a which is Pick one decreased increased Pick one asset drawing expense liability owner's equity Pick one debit credit Utilities Expense is an) with a which is Pick one decreased increased Pick one asset drawing expense liability owner's equity Pick one debit credit Transaction B Does it increase or decrease Cash Does it increase or decrease expense Does it increase or decrease revenue Does it increase or decrease money owed Does it increase or decrease owner's equity Received $400 for services performed In this transaction Cash is a(n) with a which is Pick one decreased increased Pick one asset drawing revenue liability owner's equity Pick one debit credit Service Revenue is a(n) which is with a Pick one asset drawing revenue liability owner's equity Pick one decreased increased Pick one debit credit Transaction C Does it increase or decrease Cash Does it increase or decrease expense Does it increase or decrease revenue Does it increase or decrease money owed Does it increase or decrease owner's equity Purchased $4,000 of equipment on account In this transaction Equipment is a(n) with a which is Pick one decreased increased Pick one asset drawing expense liability owner's equity Pick one debit credit Accounts Payable is a(n) which is Pick one asset drawing expense liability owner's equity Pick one decreased increased with a Pick one debit credit

Question

Indicate debit credit analysis  Transaction A Does it increase or decrease Cash  Does it increase or decrease expense  Does it increase or decrease revenue  Does it increase or decrease money owed  Does it increase or decrease owner's equity  Wrote a check for $50 for utilities  In this transaction  Cash is a(n) with a which is Pick one  decreased increased Pick one  asset drawing expense liability owner's equity Pick one  debit credit Utilities Expense is an) with a which is Pick one  decreased increased Pick one  asset drawing expense liability owner's equity Pick one  debit credit Transaction B Does it increase or decrease Cash  Does it increase or decrease expense  Does it increase or decrease revenue  Does it increase or decrease money owed  Does it increase or decrease owner's equity  Received $400 for services performed  In this transaction  Cash is a(n) with a which is Pick one  decreased increased Pick one  asset drawing revenue liability owner's equity Pick one  debit credit Service Revenue is a(n) which is with a Pick one  asset drawing revenue liability owner's equity Pick one  decreased increased Pick one  debit credit Transaction C Does it increase or decrease Cash  Does it increase or decrease expense  Does it increase or decrease revenue  Does it increase or decrease money owed  Does it increase or decrease owner's equity  Purchased $4,000 of equipment on account  In this transaction  Equipment is a(n) with a which is Pick one  decreased increased Pick one  asset drawing expense liability owner's equity Pick one  debit credit Accounts Payable is a(n) which is Pick one  asset drawing expense liability owner's equity Pick one  decreased increased with a Pick one  debit credit

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Question

Indicate debit-credit analysis. Transaction A Does it increase or decrease Cash? Does it increase or decrease expense? Does it increase or decrease revenue? Does it

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