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To decrease the balance in the following accounts of a company owned by Ranjodh Singh, indicate whether you would debit or credit the account by
To decrease the balance in the following accounts of a company owned by Ranjodh Singh, indicate whether you would debit or credit the account by underlining the correct choice by yellow-highlighting it.
1. Notes Payable
2. Accounts Receivable
3. Ranjodh Singhs Capital 4. Supplies Expense
5. Land
6. Unearned Revenue
7. Service Revenue
8. Utilities and Hydro Expense
9. Office Supplies
10. Employee wages due but not yet paid
11. Cash
12. Prepaid Insurance 13. Accounts Payable
14. Ranjodh Singhs Drawing 15. Machinery and Equipment
Debit Debit
Debit Debit
Debit
Debit
Debit
Debit
Debit
Debit
Debit
Debit Debit
Debit Debit
Credit Credit
Credit Credit
Credit
Credit
Credit
Credit
Credit
Credit
Credit
Credit Credit
Credit Credit
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