Question 4 4 pts Which of the following types of accounts are decreased with a credit? O assets and expenses Olabilities and expenses O revenues and assets O owner's equity and expenses Question 5 4 pts Which of the following types of accounts have a normal credit balance? O assets and liabilities Olabilities and expenses O revenues and liabilities O owner's equity and expenses D Question 6 4 pts On August 15, we purchased equipment for $5.000. We paid $1,000 down with the remainder to be paid later. What account(s) would we debit when we journalize this entry? O cash and accounts payable O equipment O equipment and accounts payable O accounts payable D Question 7 4 pts On January 15, we paid four month's rent in advance, which equals $2,000. What account would we debit when we journalize this entry? O rent expense O cash O prepaid rent O account payable