Eight transactions are recorded in the following T accounts: Indicate for each debit and each credit:
a. whether an asset, liability, capital, drawings, revenue, or expense account was affected and
b. whether the account was increased (+) or decreased (-).
Answers should be presented in the following chart form:

Question

Eight transactions are recorded in the following T accounts:  Indicate for each debit and each credit: 
a. whether an asset, liability, capital, drawings, revenue, or expense account was affected and
b. whether the account was increased (+) or decreased (-).
Answers should be presented in the following chart form:

Quizplus · Accepted Answer

The Answer of Eight transactions are recorded in the following T accounts:  Indicate for each debit and each credit: 
a. whether an asset, liability, capital, drawings, revenue, or expense account was affected and
b. whether the account was increased (+) or decreased (-).
Answers should be presented in the following chart form:

Eight Transactions Are Recorded in the Following T Accounts