Complete the Following Entries by Using a "Debit" or "Credit

question 80

Short Answer

Complete the following entries by using a "debit" or "credit."
a) Received payment from a customer. Cash would have a: ________
b) Owner makes an investment of equipment. Capital would have a: ________
c) Paid rent in advance. Prepaid Rent would have a: ________
d) Billed a customer for services rendered. Revenue would have a: ________
e) Paid an advertising bill received last month. Cash would have a: ________
f) Owner withdrew cash. Withdrawals would have a: ________

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Definitions:

Racial-ethnic groups

Categories of people recognized by distinct physical characteristics, cultural practices, and/or heritage, emphasizing diversity within populations.

Remarriage rates

The statistical occurrences of individuals entering into marriage again following a divorce or the death of a spouse.

Cohabitation rates

The statistical measure of how common it is for couples to live together without being legally married.

Parental remarriage

The act of a parent getting married again after a divorce or the death of their spouse.