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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.


Definitions:

Costovertebral Angle

The angle formed by the vertebral column and the downward slope of the last rib, an area often examined for tenderness accompanying kidney problems.

Cranial Nerve IX

Also known as the Glossopharyngeal nerve, it is responsible for taste and other functions of the throat (pharynx) and mouth.

Tongue Blade

A small medical tool used to depress the tongue to allow examination of the mouth and throat.

Snellen Chart

A tool used to measure visual acuity, consisting of lines of letters, numbers, or symbols in decreasing size.

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