Cash is a(n) (A / L / SE) account, which is a (debit / credit) account, which is increased with a…

Cash is a(n) (A / L / SE) account, which is a (debit / credit) account, which is increased with a (debit / credit). Therefore, to record an increase of $30,000 in cash, the journal entry should (debit / credit) cash.

Common stock is a(n) (A / L / SE) account, which is a (debit / credit) account, which is increased with a (debit / credit). Therefore, to record an increase of $30,000 in common stock, the journal entry should (debit / credit) stockholders’ equity.

Retained Earnings is increased by net income (revenues – expenses) and decreased by dividends. Hence, revenues (increase / decrease) retained earnings whereas expenses and dividends (increase / decrease) retained earnings.