Knowledge Check: Debit$/$Credit Rules

For each item, indicate whether a debit or credit applies.

Decrease in Notes Payable

Increase in Dividends

Increase in Common Stock

Increase in Unearned Rent Revenue

Decrease in Interest Payable

Increase in Prepaid Insurance

Increase in Salaries and Wages Expense

Decrease in Supplies

Increase in Revenues

Decrease in Accounts Receivable