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QUESTION 14 Identify the account to be debited and the account to be credited for each of the following transactions: 1 Purchased equipment for cash

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QUESTION 14 Identify the account to be debited and the account to be credited for each of the following transactions: 1 Purchased equipment for cash and a note payable. 2. Accepted a cash deposit from a customer for a service to be provided next month. 3. Provided services on account. 4. Purchased supplies on account. 5. Received payment form the client in 3. 6. Provided services to customer in 2 and collected cash for the remaining work done. 7. Owner paid himself. 8. Paid in full for equipment purchased in 1

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