debited and credited

[logistic_guy]

For the following transactions, indicate the account debited and the account credited.

\(\displaystyle \bold{(a)}\) Supplies are purchased on account.
\(\displaystyle \bold{(b)}\) Cash is received on signing a note payable.
\(\displaystyle \bold{(c)}\) Employees are paid salaries in cash.

 

[logistic_guy]

\(\displaystyle \bold{(a)}\)

Supplies \(\displaystyle \rightarrow\) debited
Accounts payable \(\displaystyle \rightarrow\) credited

 

[logistic_guy]

\(\displaystyle \bold{(b)}\)

Cash \(\displaystyle \rightarrow\) debited
Notes payable \(\displaystyle \rightarrow\) credited

 

[logistic_guy]

\(\displaystyle \bold{(c)}\)

Salaries expense \(\displaystyle \rightarrow\) debited
Cash \(\displaystyle \rightarrow\) credited