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1. For each item below, indicate whether a debit or a credit applies. a. Increase in Art Fees Earned b. Decrease in Prepaid Rent c.

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1. For each item below, indicate whether a debit or a credit applies. a. Increase in Art Fees Earned b. Decrease in Prepaid Rent c. Decrease in Unearned Fees d. Increase in Owner's Capital e. Increase in Depreciation Expense, Buildings f. Increase in Interest Receivable g. Decrease in Accounts Payable h. Increase in Owner's Withdrawals i. Increase in Notes Payable 2. Indicate whether each account below has a normal debit or a normal credit balance. a. Automobiles g. Owner's Withdrawals b. Accounts Payable h. Unearned Revenue c. Owner's Capital i. Land d. Prepaid Rent j. Interest Payable e. Advertising Expense k. Notes Receivable f. Service Revenue

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