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Increases and Decreases in Various Types of Accounts Are Listed

question 7

Essay

Increases and decreases in various types of accounts are listed below. In each case, indicate by "Dr." or "Cr." (a) whether the change in the account would be recorded as a debit or a credit and (b) whether the normal balance of the account is a debit or a credit.
Increases and decreases in various types of accounts are listed below. In each case, indicate by  Dr.  or  Cr.  (a) whether the change in the account would be recorded as a debit or a credit and (b) whether the normal balance of the account is a debit or a credit.


Definitions:

Tie-rod Ends

Components of the steering mechanism in a vehicle that serve as pivot points between the tires and the steering system, facilitating direction change.

Clamps

Fastening devices used to hold or secure objects tightly together to prevent movement or separation through the application of inward pressure.

Crosstube

Transfers steering motion from the steering gear side of the chassis to the opposite side by means of an adjustable rod, forcing the steering knuckles to act in unison. Also called a tie-rod.

Worm Gear

Spiraled single-groove shaft gear.

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