Listed Below Are Components of Several Transactions

question 30

Essay

Listed below are components of several transactions.In the blank to the left indicate whether a debit (dr)or credit (cr)would be required to record the component of the transaction.
_____ Increase in Cash.
_____ Increase in Accounts Payable.
_____ Decrease in Notes Payable.
_____ Increase in Inventory.
_____ Increase in Contributed Capital.
_____ Decrease in Property and Equipment.

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Definitions:

Louis Pasteur

A French biologist renowned for his discoveries in the principles of vaccination, microbial fermentation, and pasteurization.

Blood Type AB

A human blood group within the ABO blood typing system that has both A and B antigens on the surface of the red blood cells but no antibodies in the plasma.

RBCs

Red Blood Cells, also known as erythrocytes, are cells in the blood that carry oxygen from the lungs to body tissues and return carbon dioxide to the lungs.

Antigens

Substances, often foreign, that induce an immune response in the body, especially the production of antibodies.