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Identify the accounts to be debited and credited for each of the following transactions.
1. Invested $8,000 cash in the business in exchange for stock.
2. Purchased supplies on account for $1,000.
3. Billed customers $2,000 for services performed.
4. Paid salaries of $1,200.
United States
A country located in North America, known for its influential economy, diverse culture, and democratic government system.
Advertising
Advertising is the act of promoting products, services, or brands through different media to increase awareness, interest, and sales.
Children
Young human beings below the age of puberty or below the legal age of majority.
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