Business, 17.06.2021 19:40 deepspy599otchpd
For each of the following transactions, select the account to be debited and the account to be credited in the general journal. Transaction Debit Account Credit Account
1. Invested cash in the business, $5,000.
2. Paid office rent, $500.
3. Purchased office supplies on account, $300.
4. Received cash for services rendered (fees), $400.
5. Paid cash on account, $50.
6. Rendered services on account, $300.
7. Received cash for an amount owed by a customer, $100.
Answers: 2
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For each of the following transactions, select the account to be debited and the account to be credi...
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