Essay
Drew Castle is an insurance appraiser.Shown below are (a)several accounts in his ledger with each account preceded by an identification number,and (b)several transactions completed by Castle.Indicate the accounts debited and credited when recording each transaction by placing the proper account identification numbers to the right of each transaction.
1. Accounts Payable
2. Accounts Receivable
3. Appraisal Fees Earned
4. Cash
5. Insurarice Expense
6. Office Equipment
7. Office Supplies
8. Office Supplies Expense
9. Prepaid Insurance
10. Salaries Expense
11. Telephone Expense
12. Unearned Appraisal Fees
13. Common Stock
14. Dividends
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