Brief Exercise 13-15 During the year, prepaid expenses decreased $5,600, and accrued expenses increased $2,400. Indicate how the changes in prepaid expenses and accrued expenses payable should be entered in the reconciling columns of a worksheet. Assume that beginning balances were prepaid expenses $18,600 and accrued expenses payable $8,200. (Show amounts that decrease cash flow with either a -sign e.g.-15,000 or in parenthesis e.g. (15,000).) Reconciling It Items Balance 12/31/15 Credit Balance Sheet Accounts Balance 1/1/15 Debit Prepaid expenses Accrued expenses payable Statement of Cash Flow Effects