For Each Transaction,identify Which Account Is Debited and Which Account

question 182

Essay

For each transaction,identify which account is debited and which account is credited.Use proper account titles.
$$\begin{array} { | l | l | l | } \hline { \text { Transaction } } & \text { Debit } & \text { Credit } \\\hline \text { Received cash on account from } & & \\\text { a customer } & & \\\hline \text { The sole proprietor, Roberto } & & \\\text { Sanchez, withdrew cash for } & & \\\text { personal use. } & & \\\hline \text { Purchased office supplies on } & & \\\text { account } & & \\\hline \text { Received cash from customers } & & \\\text { for services to be performed } & & \\\text { next month } & & \\\hline \text { Paid employee's salary } & & \\\hline\end{array}$$

---

Definitions:

Design Specifications

Detailed descriptions of the characteristics that a product or project must meet.

Blueprint

A detailed plan or scheme outlining the design, function, or operations of a project or object, often used in construction and engineering.

Organizational Crisis

A significant threat to operations or the reputation of an organization that requires urgent attention and action to protect stakeholders.

Early Warning Signs

Indicators or signals that suggest potential problems or changes in a system or process, allowing for preemptive action to avoid negative outcomes.