1. When cash is used (spent), the cash account would be
   1. Debited
   2. Credited
   3. None of the above
2. To increase a liability account, you would the account
   1. Debit
   2. Credit
   3. None of the above
3. What is the normal balance of an expense account
   1. Debit
   2. Credit
   3. None of the above
4. To increase a contra-asset account, you would the account
   1. Debit
   2. Credit
   3. None of the above
5. When equipment is purchased partially for cash and partially on credit, which transaction best describes how its journalized

1. Debit equipment, credit cash, credit accounts receivable
2. Debit cash, debit equipment, credit accounts payable

3. Debit equipment, credit accounts payable, credit cash

6. When supplies originally purchased for cash is returned due to damage, which transactions best describes how its journalized

1. Debit cash, credit accounts payable
2. Debit supplies, credit accounts receivable
3. Debit cash, credit supplies

7. When the fixed asset, equipment is fully depreciated and sold at salvage value for cash, which transaction best decribes how its journalized

1. Debit cash, debit depreciation expense, credit equipment
2. Debit cash, debit accumulated depreciation, credit equipment
3. Debit cash, debit equipment, credit accumulated depreciation