Matching
Match the changes in each account whether a debit or credit entry
Premises:
To decrease Cash
To increase Common Stock
To decrease Accounts Payable
To increase Salaries Expense
To decrease Supplies
To increase Revenue.
To decrease Accounts Receivable
To increase Retained Earnings
Responses:
Credit
Debit
Correct Answer:
Premises:
Responses:
To decrease Cash
To increase Common Stock
To decrease Accounts Payable
To increase Salaries Expense
To decrease Supplies
To increase Revenue.
To decrease Accounts Receivable
To increase Retained Earnings
Premises:
To decrease Cash
To increase Common Stock
To decrease Accounts Payable
To increase Salaries Expense
To decrease Supplies
To increase Revenue.
To decrease Accounts Receivable
To increase Retained Earnings
Responses:
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