For Each Transaction Provided, Choose the Appropriate Account from the List

question 7

Short Answer

For each transaction provided, choose the appropriate account from the list that would receive a debit entry as a result of the transaction. (Choices may be used more than once.)
a.Cash
b.Accounts receivable
c.Supplies
d.Prepaid insurance
e.Land
f.Equipment
g.Accounts payable
h.Unearned revenues
i.Notes payable
j.Common stock
k.Retained earnings
l.Service revenue
m.Salary expense
n.Insurance expense
o.Utilities expense
p.Dividends
-Borrowing cash

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Definitions:

Managing for Diversity

Strategies and practices aimed at creating a respectful and inclusive workplace that leverages the unique backgrounds and perspectives of all employees.

Turnover

The rate at which employees leave a company and are replaced, which can indicate the organization's health and work environment.

Minority Group Members

Individuals who belong to a group that experiences a lesser degree of power, social prestige, or privilege compared to the dominant groups in a society.

Uncertainty Avoidance

As a cultural value, the extent to which members of a society rely (and should rely) on social norms, rules, and procedures to lessen the unpredictability of future events.