Accrual Accounting Branwit Company uses accrual accounting and recorded a number of journal entries in 2000. For each transaction shown below

(a) give the other account that was debited or credited in the journal entry,

(b) indicate whether a debit or credit was made to the other account, and

(c) indicate whether the other account was increased or decreased by the transaction.

— . Accounts receivable is decreased by $4,000.

. Accounts payable is decreased by $12,000.

. Wages payable is increased by $5,000.

. Depreciation expense is increased by $30,000.

. Capital stock is increased by $70,000.

. Supplies on hand is decreased by $2,500.

. Inventory is increased by $28,000.

. Prepaid insurance is decreased by $3,500.

. Prepaid insurance is increased by $8,000.

— MANHDN FWY SO . Rent receivable is increased by $21,000.