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ons and determine the accounts, the account types (use assets; liabilities; owner, capita); revenue; and expenses), if they increase/decrease and if they are DR/CR. List

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ons and determine the accounts, the account types (use assets; liabilities; owner, capita); revenue; and expenses), if they increase/decrease and if they are DR/CR. List accounts in in the Chrome Collected cash for future services Account \#1 Account Type Increase/Decrease Debit/Credit Account \#2 Account Type Increase/Decrease Debit/Credit Prepaid for rent. Account \#1 Account Type increase/Decrease Debit/redit Account #2 Account Type Increase/Decrease Debitcredit Paid for a one year insurance policy Account \#1 Account Type increase/Decrease Debit/Credit Account. $2 Account Type Increasejoecrease Deblucredit ansactions as journal entries. Prepaid $5,000 cash for rent. ollowing transactions as journal entries. Prepaid $5,000 cash for rent. Recelved \$8,000 on account from a customer. Pald \$6,000 cash on account. Paid 56,000 cash on account. Paid 55,000 for advertising in the local paper Paid 56,000 for repairs to the company truck

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