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Listed Below Are Accounts of Global Company, Each Identified by a Number

Question 126

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Listed below are accounts of Global Company, each identified by a number. Following this list of accounts is a series of transactions. You are to indicate for each transaction the accounts that should be debited and credited by inserting the proper account numbers in the space provided.
1 Cash 5 Delivery Equipment 2 Accounts Receivable 6 Notes Payable 3 Land 7 Accounts Payable 4 Building 8 Capital Stock 9 Retained Earnings \begin{array} { | l | l | l | l | } \hline 1 & \text { Cash } & 5 & \text { Delivery Equipment } \\\hline 2 & \text { Accounts Receivable } & 6 & \text { Notes Payable } \\\hline 3 & \text { Land } & 7 & \text { Accounts Payable } \\\hline 4 & \text { Building } & 8 & \text { Capital Stock } \\\hline & & 9 & \text { Retained Earnings } \\\hline\end{array}  Listed below are accounts of Global Company, each identified by a number. Following this list of accounts is a series of transactions. You are to indicate for each transaction the accounts that should be debited and credited by inserting the proper account numbers in the space provided.   \begin{array} { | l | l | l | l | }  \hline 1 & \text { Cash } & 5 & \text { Delivery Equipment } \\ \hline 2 & \text { Accounts Receivable } & 6 & \text { Notes Payable } \\ \hline 3 & \text { Land } & 7 & \text { Accounts Payable } \\ \hline 4 & \text { Building } & 8 & \text { Capital Stock } \\ \hline & & 9 & \text { Retained Earnings } \\ \hline \end{array}

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