For Each of the Following Accounts,indicate Whether We Use a Debit

question 61

Short Answer

For each of the following accounts,indicate whether we use a debit or a credit to increase the balance of the account.
(a)Accounts Receivable
(b)Accounts Payable
(c)Salaries Expense
(d)Service Revenue
(e)Supplies
(f)Common Stock
(g)Advertising Expense
(h)Dividends

---

Definitions:

Expected Behavior

The behavior that individuals or groups are anticipated to exhibit based on societal norms, rules, or standards.

Specific Time

A clearly defined or fixed moment or period on a timeline.

Work Focus

The concentration on job-related tasks and responsibilities, often leading to higher productivity and efficiency in professional settings.

Egalitarian Values

The belief in the equality of all people, emphasizing equal rights, opportunities, and treatment for all individuals.