which two accounts where used

accounts payable

Accounts Receivable

building

cash

land

office supplies

prepaid advertising

rent expenses

salary expenses

service revenue

unearned revenue

owners capital

reason:

collected cash for future services

owner contribution

paid advertising in advance

paid cash expenses

paid cash for building and land

paid cash on account

performed services and received cash

perform services on account

purchased office supplies on account

received cash on account

inccured and paid salaries $1,700

May 31: Incurred and paid salaries, $1,700 Date Accounts and Explanation Debit Credit May 31