Explore BrainMass

Explore BrainMass

    Debits and Credits Review

    Not what you're looking for? Search our solutions OR ask your own Custom question.

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Multiple Choice Questions on debits and credits

    1)The business wrote a check:
    a)increase Cash account.
    b)decrease Cash account.

    2)The business wrote a check to the owner:
    a)increase Withdrawals account.
    b)decrease Withdrawals account

    3)The business wrote a check to a vendor for supplies it had purchased on credit:
    a)increase Accounts Payable account.
    b)decrease Accounts Payable account

    4)The business wrote checks to pay wages:
    a)increase Wages Expense account.
    b)decrease Wages Expense account.

    © BrainMass Inc. brainmass.com November 24, 2022, 11:42 am ad1c9bdddf

    Solution Preview

    1)b - cash is decreased and the cash account should be credited.

    2)a - when money is taken out of the company to ...