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Use the following to answer questions 10 - 13 Indicate which of the following accounts should be debited and which should be credited. An
Use the following to answer questions 10 - 13 Indicate which of the following accounts should be debited and which should be credited. An example has been provided (ex). Purchase Office Supplies in exchange for cash Debit : N (Supplies) Credit: C (Cash)...see below. Only include the letter of the account not the account name. A. Accounts payable B. Accounts receivable C. Cash E. Dividends F. Equipment I. Rent expense J. Retained earnings G. Notes payable K. Salaries expense D. Common stock H. Prepaid rent L. Salaries payable M. Service revenue N. Supplies O. Utilities expense ex Purchase Office Supplies in exchange for cash 10. 11. 123 12. Received the utility bill, will pay next week. Paid a deposit for rent for the next three months. Recorded salaries for the week, will pay next week. 13. Provided services to customers on account. Account Debited Account Credited N C
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