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3. In the expanded accounting equation, retained eamings is comprised of , and If ABC Inc. borrowed $25,000 from the bank, the account $25,000 and the account 4. would increase by would increase by $25,000. S. IfABCInc performed gervices for acustomer andreeied $, in cas treacount would increase by $2,000 and the account $2,000. Fill in the two blanks and circle the correct answer. 6. If ABC Inc. received $2,000 in cash from a customer in advance, that is, the services have not yet been performed but will be performed in the future, the account the account Unearned Service Revenue would be (increased or decreased). Fill in the blank circle the correct answer. would be increased and 7. In Question 6, the Uneamed Service Revenue account is what type of account (asset, liability stockholders' equity, revenue, or expense)? Circle the correct answer. 8. IfABC Inc. paid its employees $10,000 in salaries and wages, the account would increase and the account blanks and circle the correct answer would (increase or decrease). Fill in the two C. Accounts and Debits and Credits-accounting transactions are not recorded in tabular form (much inefficient). Instead, an account is created for each asset, liability, stockholders' equity, revenue, and expense and the transactions are accumulated in the various accouts. Each account has a three parts, a title, a left side, and a right side. This form of account is referred to as a 1. account. Instead of the left side of an account being called "left", it is called a right side of an account being called "right",it is called a 2. nstead of the 3. Under the double-entry system, for each transaction, the must equal the to keep the accounting equation in balance