Indicate whether a debit or credit entry would be required to record the following changes in each account.a. To decrease Cashb. To increase Common Stockc. 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 Dividends.
What will be an ideal response?
a. Credit, b. Credit, c. Debit, d. Debit, e. Credit, f. Credit, g. Credit, h. Debit
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