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Please write dwon what each statement debit (DR) and credit (CR) for 1.Sell a products or services on account 2. Pay a payble 3.Collect a
Please write dwon what each statement debit (DR) and credit (CR) for
1.Sell a products or services on account
2. Pay a payble
3.Collect a receivable
4.recognize COGS expense
5.recogniza but not pay advertising expense
6.Declare a dividend
7.recognize rent expense from a prepaid account
8.Purchase inventory on account
9.recogniza rent expense but not pay it
10. pay accrued expense
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