Note: There will always be at least ru 5) Your fim does work for a customer, charging the customer $500. The customer pays debit revenues, credit cash B) debit cash, credit revenues debit accounts receivable, credit revenue y 0 debit unearned revenue, credit accounts receivable debit cash, credit unearmed revenue 6) Your firm borrows $5,000 from a local bank to expand your business. Your firm signs an IOU, agreeing to pay back over the next 5 years, with a specified interest rate. A debit notes payable, credit cash B. debit notes receivable, credit cash C. debit accounts receivable, credit notes payable D. debit cash, credit accounts receivable E. debit cash, credit notes payable 7) Your firm receives a $200 utility bill from the local electric company. A. debit utility expense, credit accounts payable B. debit accounts receivable, credit utility expense C. debit cash, credit revenue D. debit revenue, credit utility expense E. debit accounts payable, credit utility expense 8) Your firm issues a $1,000 dividend. A. debit common stock, credit cash B. debit dividends, credit accounts receivable C. debit dividends, credit common stock D. debit common stock, credit cash E. debit dividends, credit cash