The following transactions occurred at forever green lawn service identify which account would be debited and credited to record each transaction Write the identitying letters
The following transactions occurred at forever green lawn service identify which account would be debited and credited to record each transaction Write the identitying letters in the proper colunmns the first transaction has been completed as an example.
Cash Accounts Receivable Supplies A. . C. D. Equipment Accounts Payable Fees Income Rent Expense Salaries Expense Telephone Expense E. F. G. . I. Debit Credit A Ex. Issued a check for monthly rent. 1. Purchased supplies on account. 2. Purchased new equipment, issuing a check for a down payment, with balance due in thirty days. Provided services on account. 3. 4. Purchase supplies for cash. 5. Issued a check to pay a creditor on account. 6. Collected payment from credit customer. 7. Issued checks to pay employees their monthly salaries. 8. Performed services for cash. Received cash for damaged supplies returned. 10. Issued a check to pay the telephone bill. 9.
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