Given the Following Accounts

question 118

Short Answer

Given the following accounts:
[1]Cash in bank
[2]Petty cash
[3]Supplies
[4]Equipment
[5]Notes payable
[6]Vouchers payable
[7]FICA payable
[8]Wages payable
[9]Purchases
[10]Purchase discounts
[11]Discounts lost
[12]Repairs exp
[13]Interest expense
[14]Delivery expense
Indicate the account(s) to be debited and credited to record the following transactions.
-Prepared and recorded voucher #425 for the purchase of merchandise (net method)of $2,000 with credit terms of 2/10,n/30.
Debit ________ & ________ & ________ Credit ________ & ________ & ________

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Definitions:

Main Winding

The primary coil or loop of wire in a motor or generator that creates a magnetic field when energized.

Run Winding

The winding in a motor that is energized during normal operation to produce torque.

Fractional Horsepower

A term describing motors that have a power rating less than one horsepower, often used in low-power applications.

Induction Motors

A type of electric motor that operates on the principle of electromagnetic induction, where the rotor is not directly supplied with electrical power but obtains it via magnetic fields from the stator.