Indicate whether a debit or credit decreases the normal balance of each of the following accounts a Repair Services Revenue b Interest Payable c Accounts Receivable d Salaries Expense e Common Stock f Prepaid Insurance g Buildings h Interest Revenue i Dividends j Unearned Revenue k Accounts Payable...

Indicate whether a debit or credit decreases the normal balance of each of the following accounts. a.

Question:

Indicate whether a debit or credit decreases the normal balance of each of the following accounts.
a. Repair Services Revenue
b. Interest Payable
c.
d. Salaries Expense
e.
f. Prepaid Insurance
g. Buildings
h. Interest Revenue
i. Dividends
j. Unearned Revenue
k. Accounts Payable
l. Office Supplies

Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on... Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...