WebbCredit Debit $860 $860 $7,020 $7,020 $820 $820 $2,280 No. Date Account Titles and Explanation 1) May. 4 Accounts Payable Cash (To record cash paid on account) 2) May. 7 Accounts Receivable Advisory Service Revenue (To record advisory services provided on account) 3) May. 8 Supplies Accounts Payable (To record supplies purchased on … WebbEx: Purchased supplies for $810 on account Increase in assets (supplies) on debit Increase in liabilities (accounts payable) on credit Ex: Purchased equipment for $2,790 in cash Increase in assets (equipment) on debit Decrease in assets (cash) on credit Ex: Paid employees $740 in cash Increase in expense (salaries & wage expense) on debit

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Webb1 jan. 2009 · 22 Received bill for equipment repairs of $810. 29 Paid $1,180 for 12 months of insurance policy. Coverage begins lune 1. 9 (If no entry is required, select "No Entry" … WebbThe May transactions of Ayayai Corp. were as follows. May 4 Paid $600 due for supplies previously purchased on account. 7 Performed advisory services on account for $6,500. … for profit health care providers

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WebbThe May transactions of Indigo Corporation were as follows. May 4 Paid $880 due for supplies previously purchased on account. 7 Performed advisory services on account for … WebbThe May transactions of Concord Corporation were as follows. May 4 Paid $860 due for supplies previously purchased on account. 7 Performed advisory services on account for … Webb9 Purchased equipment for $1,130 in cash. 17 Paid employees $640 in cash. 22 Received bill for equipment repairs of $810. 29 Paid $1,180 for 12 months of insurance policy. … digipower charger iphone