AGUE Q Uby%20John%203%20Wild.c2.pdf Indicate whether a debit or credit decreases the normal balance of each of the following accounts a. Interest Payable e. Owner, Capital i. Owner, Withdrawals b. Service Revenue f. Prepaid Insurance j. Unearned Revenue c. Salaries Expense g. Buildings k. Accounts Payable d. Accounts Receivable h. Interest Revenue 1. Land For each transaction, (1) analyze the transaction using the accounting equation, (2) record the transaction in journal entry form, and (3) post the entry using T-accounts to represent ledger accounts. Use the follow- ing (partial) chart of accountsaccount numbers in parentheses: Cash (101); Accounts Receivable (106); Office Supplies (124); Trucks (153); Equipment (167); Accounts Payable (201); Unearned Landscaping Revenue (236); D. Tyler, Capital (301); D. Tyler, Withdrawals (302); Landscaping Revenue (403); Wages Expense (601), and Landscaping Expense (696). a. On May 15, DeShawn Tyler opens a landscaping company called Elegant Lawns by investing $7,000 in cash along with equipment having a $3,000 value. b. On May 21, Elegant Lawns purchases office supplies on credit for $500. c. On May 25, Elegant Lawns receives $4,000 cash for performing landscaping services. d. On May 30, Elegant Lawns receives $5,000 cash in advance of providing landscaping services to a customer. Identify whether a debit or credit results in the indicated change for each of the following accounts. a. To increase Land f. To decrease Prepaid Rent b. To decrease Cash g. To increase Notes Payable c. To increase Fees Earned (Revenues) h. To decrease Accounts Receivable e