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RS 2-5 Linking debit or credit with normal balance LO C4 ndicate whether a debit or credit decreases the normal balance of each of the
RS 2-5 Linking debit or credit with normal balance LO C4 ndicate whether a debit or credit decreases the normal balance of each of the following accounts. Decrease Normal Balance a. Interest Revenue b. Note Payable c. Advertising Expense d. Rent Revenue e. Prepaid Rent f. Prepaid Insurance g. Note Receivable h. Consulting Revenue Rent Revenue Office Equipment k. Service Fees Earned I Service Revenue
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