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Write on the line the account that increases and the account that decreases. 1.- Supplier A is paid for the purchase made last month; handing
Write on the line the account that increases and the account that decreases. 1.- Supplier A is paid for the purchase made last month; handing over a check Increases/Decreases: Increases/Decreases: 2.- Merchandise was purchased for $70,000, for which a document was made at our expense. Increases/Decreases: Increases/Decreases: 3. The partner Robert makes a contribution of $30,000 to the business he owns, which is charged to his account. Increases/Decreases: Increases/Decreases: 4.- We make a payment to suppliers in cash for $5,000 Increases/Decreases: Increases/Decreases: 5.- Merchandise is purchased on credit for $80,000 Increases/Decreases: Increases/Decreases
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