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Identify whether a debit or credit results in the indicated change for each of the following accounts. a. To increase Store Supplies b. To decrease Equipment c. To increase Postage Expense d. To increase Haircutting Revenue e. To decrease Salaries Payable f. To decrease Store Equipment g. To increase Notes Payable h. To decrease Warehouse i. To increase Accounts Payable j. To increase Buildings

Identify whether a debit or credit results in the indicated change for each of the following accounts. a. To increase Store Supplies b. To decrease Equipment c. To increase Postage Expense d. To increase Haircutting Revenue e. To decrease Salaries Payable f. To decrease Store Equipment g. To increase Notes Payable h. To decrease Warehouse i. To increase Accounts Payable j. To increase Buildings

Economics:
Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter12: Money And Banking
Section: Chapter Questions
Problem 10E
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Identify whether a debit or credit results in the indicated change for each of the following accounts. a. To increase Store Supplies b. To decrease Equipment c. To increase Postage Expense d. To increase Haircutting Revenue e. To decrease Salaries Payable f. To decrease Store Equipment g. To increase Notes Payable h. To decrease Warehouse i. To increase Accounts Payable j. To increase Buildings
Transcribed Image Text:Identify whether a debit or credit results in the indicated change for each of the following accounts. a. To increase Store Supplies b. To decrease Equipment c. To increase Postage Expense d. To increase Haircutting Revenue e. To decrease Salaries Payable f. To decrease Store Equipment g. To increase Notes Payable h. To decrease Warehouse i. To increase Accounts Payable j. To increase Buildings
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