Indicate Whether a Debit or Credit Entry Would Be Made

question 75

Essay

Indicate whether a debit or credit entry would be made to record the following changes in each account:
a.To decrease Cash.
b.To increase Common Stock.
c.To decrease Accounts Payable.
d.To increase Salaries Expense.
e.To decrease Supplies.
f.To increase Revenue.
g.To decrease Accounts Receivable.
h.To increase Retained Earnings.

---

Definitions:

Noble Goals

Aspirations or objectives that are morally praiseworthy and aim at achieving a greater good.

Society

A large group of individuals linked by social relationships, shared culture, or geographic proximity, functioning within a complex system of norms, traditions, and laws.

Rousseau

Jean-Jacques Rousseau, an 18th-century philosopher known for his contributions to political philosophy and education.

Rogers

Refers to Carl Rogers, an influential American psychologist who founded the humanistic approach to psychology.