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Its Payable Q2) For each of the following transactions of Chen Inc, identi fy the account to be debited and the account to be credited.
Its Payable Q2) For each of the following transactions of Chen Inc, identi fy the account to be debited and the account to be credited. (5 marks) 1. Purchased equipment on account 2. Paid electricity bill. 3, Provides services on account 4. Received utility bill to be paid at later date. 5 The company pays dividends. Iransaction Debit
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