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H3Ko H3Ko
wrote...
Posts: 4891
7 years ago
For each transaction, identify which account is debited and which account is credited.  Use proper account titles.

Transaction   Debit   Credit
Received cash on account from a customer      
Paid cash dividends to stockholders      
Purchased office supplies on account      
Received cash from customers for services to be performed next month      
Paid employee's salary
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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Mrgo-breedMrgo-breed
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Posts: 2227
7 years ago
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H3Ko Author
wrote...
7 years ago
I posted this question a while back then forgot to check the forum lol Thanks for answering, you were right
wrote...
7 years ago
I'm liking this Slight Smile
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