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Debiting and Crediting Accounts Write the account names on the lines provided and put an "X" in the proper column to indicate whether the account should be debited or credited. Use "Fees Earned" as the revenue account.
0	Paid for supplies purchased.
		Supplies	Cash
	Debit	X
	Credit		X
1	Made a partial payment to a creditor.
		_______________	_______________
	Debit	____	____
	Credit	____	____
2	Received cash for services rendered.
		_______________	_______________
	Debit	_____	_____
	Credit	_____	_____
3	Withdrew cash for personal use.
		_______________	_______________
	Debit	_____	_____
	Credit	_____	_____
4	Received cash for the return of some equipment that was defective.
		_______________	_______________
	Debit	_____	_____
	Credit	_____	_____
5	Received payment from an Account Receivable.
		_______________	_______________
	Debit	_____	_____
	Credit	_____	_____
6	The supplies were used up. Record them as an expense now.
		_______________	_______________
	Debit	_____	_____
	Credit	_____	_____
7	The business performed services on account.
		_______________	_______________
	Debit	_____	_____
	Credit	_____	_____
8	Paid the secretary's salary.
		_______________	_______________
	Debit	_____	_____
	Credit	_____	_____

Debiting and Crediting Accounts
[Answer Key]
₁	_{Made a partial payment to a creditor.}
		_{Accounts Payable}	_Cash
	_Debit	_X	_{____}
	_Credit	_{____}	_X
₂	_{Received cash for services rendered.}
		_Cash	_{Fees Earned}
	_Debit	_X	_{_____}
	_Credit	_{_____}	_X
₃	_{Withdrew cash for personal use.}
		_Drawing	_Cash
	_Debit	_X	_{_____}
	_Credit	_{_____}	_X
₄	_{Received cash for the return of some equipment that was defective.}
		_Cash	_Equipment
	_Debit	_X	_{_____}
	_Credit	_{_____}	_X
₅	_{Received payment from an Account Receivable.}
		_Cash	_{Accounts Receivable}
	_Debit	_X	_{_____}
	_Credit	_{_____}	_X
₆	_{The supplies were used up. Record them as an expense now.}
		_{Supplies Expense}	_Supplies
	_Debit	_X	_{_____}
	_Credit	_{_____}	_X
₇	_{The business performed services on account.}
		_{Accounts Receivable}	_{Fees Earned}
	_Debit	_X	_{_____}
	_Credit	_{_____}	_X
₈	_{Paid the secretary's salary.}
		_{Salaries Expense}	_Cash
	_Debit	_X	_{_____}
	_Credit	_{_____}	_X