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What is debited and credited

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Question - Record end-of-period insurance adjustment. Ledger shows $6000 for a one year policy purchased 3 months ago.

What is debited and credited?

Record end-of-period supplies adjustment. Ledger shows $700 while actual is $300.

What is debited and credited?

Record accrued depreciation for a one year old Truck, purchased originally for $30,000, expected to last 10 years, salvage value $3,000 (Straight line)

What is debited and credited?

Sold company automobile for $12,000. Cost $20,000, Accumulated Depreciation $5,000.

What is debited and credited?

Retailer buys goods for resale on account (perpetual; HST)

What is debited and credited?

Retailer buys goods for resale on account (periodic; HST)

What is debited and credited?

Retailer sells goods for cash (perpetual; HST)

What is debited and credited?

Retailer sells goods for cash (periodic; HST)

What is debited and credited?

Reference no: EM132655993

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What is debited and credited : Record end-of-period insurance adjustment. Ledger shows $6000 for a one year policy purchased 3 months ago. What is debited and credited
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