Answer:
1. Debit
2. Debit
3. Credit
4. Credit
5. Debit
6. Debit
7. Credit
8. Credit
9. Credit
10. Credit
Explanation:
In Financial accounting, debit refers to an entry made which would either increase an expense or asset account; therefore, decreasing an equity or liability account.
Credit refers to an entry made which would either increase an equity or liability account; therefore, decreasing an expense or asset account.
Generally, debit is an accounting entry which is made to the left of an account while credit is an accounting entry which is made to the right of an account. The standard rule is that, when a credit decreases an account, the opposite account should be increased with a debit.
1. Decrease in Notes Payable: Debit
2. Increase in Dividends: Debit.
3. Increase in Common Stock: Credit
4. Increase in Unearned Rent Revenue: Credit
5. Decrease in Interest Payable: Debit
6. Increase in Prepaid Insurance: Debit
7. Decrease in Salaries and Wages Expense: Credit
8. Decrease in Supplies: Credit
9. Increase in Revenues: Credit
10. Decrease in Accounts Receivable: Credit
Answer
The answer and procedures of the exercise are attached in the following images.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in 2 sheets with the formulas indications.
Answer: A reduction is mortality rate and an increase in the number of reproductively active male and female specie of the population.
Explanation: For an increase in population size to occur among a certain animal specie, there needs to be a reduction in the death rate(mortality rate) of that specie and an increase in birth rate in that specie which arises as a result of an increase in the number of reproductively active male and female population in the specie.
Answer:
Thrice Corp.:
1) Decrease in inventory $ 590
Debit in of solds $590
Credit in Inventory $590
2) Decrease in accounts payable
Debit in Accounts payable $245
Credit in cash or equivalents $245
3) Increase in notes payable 230
Debit in Expenses. $230
Credit in Notes payables. $230
4) Increase in accounts receivable 260
Debit Account receivable. $260
Credit Income. $260
Answer: The situation in which expansionary fiscal policy does not lead to a rise in aggregate output is referred to as
Select one:
a. Fiscal neutrality.
b. Inflation.
c. Complete crowding out
d. A recession.
Explanation:
