its fill in the blank are these anwsers correct

24 2212 DD /2 ACCT3310 Homework #1 Name Lacres na Blo DUE: on or before 9:30 a.m. Tuesday, January 28, 2020 For each of the following, fill in the blank with either Increase or Decrease. 1 2 3 A debit A credit A debit A credit A debit A A credit credit to Accounts Payable to Prepaid Expenses to Retained Earnings to Utilities Expense to Dividends to Accounts Receivable to would_0 W recse the account. would decrease the account. would al crease the account. would decreases the account. would increase the account. would decrease the account. 5 6 Using the normal balances for Statement, Statement of Ret You do not need to disting e normal balances for Gus Company below, prepare a Multi-step Income t. Statement of Retained Earnings, and a Classified Balance Sheet. need to distinguish between Selling and General/Admin Expenses but be sure that te dates are indicated in each of the three statements. Gus Company inalnhahetical order Year ended Docom appropriate dates