Differentiate debit or credit from the followings:

Cash: $33,405

Fees Receivable: $28,440

Prepaid Rent: $1,500

Unexpired Insurance Policies: $720

Office Supplies: $640

Office Equipment: $21,000

Accumulated Depreciation: Office Equipment:

$6,125

Accounts Payable: $2,385

Income Taxes Payable: $3,350

Dividend Payable: $0

Unearned Agency Fees: $8,140

Salaries Payable: $0

Share Capital: $50,000

Retained Earnings: $10,800

Dividends: $0

Agency Fees Earned: $35,940

Telephone Expense: $880

Office Supply Expense: $1,080

Depreciation Expense: Office Equipment:

$1,925

Rent Expense: $5,500

Insurance Expense: $1,980

Salaries Expense: $21,640

Income Taxes Expense: $3,350