Indicate Whether a Debit or Credit Entry Would Be Made

question 57

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 Owner, Capital.
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 Owner, Withdrawals.

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Definitions:

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An American economist and professor known for his work on income distribution, risk, and information economics, and a recipient of the Nobel Memorial Prize in Economic Sciences.

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