Review the transactions below and identify with an "X" those that would be posted as a credit in the ledger (The first one has been done for you):__X_1. Salary Payable was increased.____ 2. Cash was decreased____ 3. Equipment was increased____ 4. Common Stock was increased____ 5. Salaries Expense was increased____ 6. Accounts Receivable was decreased____ 7. Unearned Revenue was increased____ 8. Dividends was increased____ 9. Supplies was increased____ 10. Building was increased____ 11. Utilities Expense was increased____ 12. Service Revenue was increased

What will be an ideal response?


__X_1. Salary Payable was increased.
__X_2. Cash was decreased
____ 3. Equipment was increased
__X_4. Common Stock was increased
____ 5. Salaries Expense was increased
__X_6. Accounts Receivable was decreased
__X_7. Unearned Revenue was increased
____ 8. Dividends was increased
____ 9. Supplies was increased
____ 10. Building was increased
____ 11. Utilities Expense was increased
__X_12. Service Revenue was increased

Business

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