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.
_____ (1)Increase in Cash.
_____ (2)Increase in Accounts Payable.
_____ (3)Decrease in Notes Payable.
_____ (4)Increase in Inventory.
_____ (5)Increase in Common Stock.
_____ (6)Decrease in Equipment.

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Definitions:

Submacro

A subdivision of a macro in programming that performs a specific task or function as part of a larger macro, helping to organize complex sequences of actions.

Macro List

A compilation of macros, which are sets of instructions that automate tasks, typically within software applications.

Command

An instruction to a computer or software application to perform a specific task.

Run Button

A graphical button in software that initiates the execution of a program or query.