Question 16 Match the transaction with the account that would be CREDITED. Drag and drop options on the right-hand side and submit. For keyboard navigation... SHOW MORE V Issued common shares to shareholders in exchange for $5000. E Cash Paid rent in advance for two months $2100. III Service revenue Paid administrative assistant $500 salary. III Accounts receivable Billed clients $1200 for services provided. - III Retained earnings Received $900 in partial payment from clients for services provided in item 4 above. III Cash Purchased $500 of supplies on account. = Cash Paid supplier amount owing on account $500. III Common shares Received $900 in partial payment from clients for services provided in item 4 above. = Cash Purchased $500 of supplies on account. III Cash Paid supplier amount owing on account $500. III Common shares Borrowed $1000 cash from the bank to purchase III Bank loan payable equipment. III Insurance expense III Accounts payable