a decrease in assets and liabilities.

an increase in assets and liabilities.

an increase in assets and a decrease in liabilities.

no change in total assets.

increased revenues.

decreased equity.

increased liabilities.

increased expenses.

in a journal and in a ledger.

first as a revenue and then as an expense.

in two sets of books.

in at least two different accounts.

may cover a period of time or only one day in time, like a snapshot photograph.

 reports the results of operations since the inception of the business.

is not dated.

covers a defined period of time.

debit Accounts Payable $925 and credit Cash $925.

debit Office Supplies Expense $925 and credit Cash $925.

debit Office Supplies Expense $925 credit Accounts Payable $925.

debit Cash $925 and credit Accounts Payable $925.