Chat with us, powered by LiveChat Please double check me. Indicate whether a debit o - Writemia

Please double check me. Indicate whether a debit o

Please double check me. Indicate whether a debit or credit decreases the normal balance of each of the following accounts. Office Supplies- debit Repair Service Revenue- debit Interest Payable- debit Accounts Receivable- creditSalaries Expense- debit Owner Capital- credit Prepaid Insurance- debit Buildings-debit Interest Revenue-credit Owner Withdrawals-debit Unearned Revenue-credit Account Payable-debit Identify whether a debit or credit yields the indicated change for each of the following accounts. To increase Store Equipment- debit To increase Owner Withdrawals- credit To decrease Cash- debit- To increase Utilities Expense- debit To increase Fees Earned- credit To decrease Unearned Revenue-debit To decrease Prepaid Insurance- debit To increase Notes Payable- debit To decrease Account Receivable- credit To increase Owner Capital- credit Identify whether the normal balances (in parentheses) assigned to the following accounts are correct or incorrect. Office supplies (Debit)- correct Owner Withdrawals (Credit)- correct Fees Earned (Debit)- correct Wages Expense (Credit) Cash (Debit)- correct Prepaid Insurance(Credit)- correct Wages Payable (Credit)- correct Building (Debit)-correct

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