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For the following accounts please indicate whether the normal balance is a debit or a credit. A. Sales Credit B. Dividends Debit c. Office Supplies

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For the following accounts please indicate whether the normal balance is a debit or a credit. A. Sales Credit B. Dividends Debit c. Office Supplies Debit D. Retained Earnings Credit E. Accounts Receivable Debit F. Prepaid Rent Debit G. Prepaid Insurance Debit H. Wages Payabl Credit I. Building Debit J. Wages Expense Debit Identify whether each of the following transactions would be recorded with a debit or credit entry. Debit or Credit? Equipment decrease Credit Common Stock Sold increase Credit Gas and Oil Expense increase Debit Service revenue decrease Credit Miscellaneous Expense decrease Credit Bonds Payable decrease Debit

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