For Each of the Following Accounts Indicate the Effect of a Debit

question 149

Essay

For each of the following accounts indicate the effect of a debit or a credit on the account and the normal balance. Increase (+), Decrease (-).
Debit_ _Credit_ Normal Balance
1. Salaries and Wages Expense.
2. Accounts Receivable.
3. Service Revenue.
4. Share Capital-Ordinary.
5. Dividends.

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Definitions:

Efficient Supply Chains

Supply chain management strategies aimed at maximizing productivity and reducing costs, while ensuring the timely delivery of products.

Intermodal Transportation

A logistics management approach that involves moving freight by using two or more modes of transportation, such as trucks, trains, ships, or airplanes, in the same container or vehicle.

Trade-Offs

The balance achieved between two desirable but incompatible features; a compromise or negotiation between conflicting needs or requirements.

Supply Chains

Networks of businesses and processes that work together to produce and deliver a product or service to consumers.