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View Policies Current Attempt in Progress For each of the following accounts, indicate the (a) effect of a debit or credit on the account, (b)

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View Policies Current Attempt in Progress For each of the following accounts, indicate the (a) effect of a debit or credit on the account, (b) normal balance, and (c) appropriate statement classification (statement of income, statement of changes in equity, and/or statement of financial position). Note that there may be more than one statement classification in some cases. (a) (b) Normal Balance (c) Statement Classification Debit Effect Credit Effect 1. Accounts payable Interest expense 2. Increase Decrease Rent 3. revenue 4. Supplies

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