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QS 2-3Analyzing debit or credit by account LO3 Identify whether a debit or credit entry would be made to record the indicated change in each

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QS 2-3Analyzing debit or credit by account LO3 Identify whether a debit or credit entry would be made to record the indicated change in each of the following accounts: a. To increase Notes Payable b. To decrease Accounts Receivable C. To increase Owner, Capital d. To decrease Unearned Revenue e. To decrease Prepaid Insurance f. To decrease Cash g. To increase Utilities Expense h. To increase Revenue i. To increase Store Equipment J. To increase Owner, Withdrawals k. To decrease Rent Payable 1. To decrease Prepaid Rent m. To increase Supplies To increase Supplies Expense 0. To decrease Accounts Payable

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