Use the following to answer questions 10 - 13 Indicate which of the following accounts...
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Accounting
Use the following to answer questions 10 - 13 Indicate which of the following accounts should be debited and which should be credited. An example has been provided (ex). Purchase Office Supplies in exchange for cash Debit : N (Supplies) Credit: C (Cash)...see below. Only include the letter of the account not the account name. A. Accounts payable E. Dividends L. Rent expense M. Service revenue B. Accounts receivable F. Equipment J. Retained earnings N. Supplies C. Cash G. Notes payable K. Salaries expense o. Utilities expense D. Common stock H. Prepaid rent L. Salaries payable Account Debited Account Credited ex Purchase Office Supplies in exchange for cash N 10. Paid for utilities incurred this month. 11. Borrowed money from the bank. 12. Purchased supplies from vendor will pay later. 13. Paid landlord for the next two months
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