Presented below is a series of accounts. Indicate whether these accounts generally will have (a) debit entries
Question:
Presented below is a series of accounts. Indicate whether these accounts generally will have
(a) debit entries only,
(b) credit entries only,
(c) both debit and credit entries.
(1) Cash.
(4) Accounts Payable.
(2) Accounts Receivable.
(5) Salaries Expense.
(3) Dividends.
(6) Fees Earned.
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Related Book For
Financial Accounting
ISBN: 9780471169208
2nd Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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