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Business, 19.11.2019 06:31 fmas6855

1. cash 5. common stock 2. accounts receivable 6. service revenue 3. supplies 7. advertising expense 4. accounts payable 8. utilities expenses debit credit a. the company pays the power company (example) b. the company issues common stock c. the company buys supplies on account d. payment is made for the purchase in (c) e. services are done for a customer on account f. payment is received from the customer billed in item (d). g. a bill is received for advertising placed by the company's ad agency; payment is due in 30 days. view instructor posts

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