For each of the following independent events, identify the account that would be debited and the account that would be credited. The accounts for the first event are identified as an example.
(a) Received cash by issuing common stock
(b) Received cash for services to be performed in the future.
(c) Paid salaries payable.
(d) Provided services on account.
(e) Paid cash for operating expenses.
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Home » Business » For each of the following independent events, identify the account that would be debited and the account that would be credited. The accounts for the first event are identified as an example.