A list of accounts, with an identifying number for each, is provided. Following the list of accounts is a series of transactions entered into by a company during its first year of operations. Required...


A list of accounts, with an identifying number for each, is provided. Following the list of accounts is a series of transactions entered into by a company during its first year of operations.


Required


For each transaction, indicate the account or accounts that should be debited and credited.


1. Cash


2. Accounts Receivable


3. Office Supplies


4. Buildings


5. Automobiles


6. Land


7. Accounts Payable


8. Income Taxes Payable


9. Notes Payable


10. Capital Stock


11. Retained Earnings


12. Service Revenue


13. Wage and Salaries Expense


14. Selling Expense


15. Utilities Expense


16. Income Tax Expense



May 04, 2022
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