Homework Help: acc225

Posted by Tee on Wednesday, May 28, 2008 at 4:00am.

Indicate whether a debit or credit decreases the normal balance of each of the following accounts:
a. Office Supplies e. Salaries Expense i. Interest Revenue
b. Repair Services Revenue f. Owner Capital j. Owner Withdrawals
c. Interest Payable g. Prepaid Insurance k. Unearned Revenue
d. Accounts Receivable h. Buildings l. Accounts Payable

Accounting - Writeacher, Wednesday, May 28, 2008 at 7:31am
Assistance needed.
acc225 - Heather M, Wednesday, May 28, 2008 at 11:50am
Office Supplies is a credit
Repair Services Revenue is a debit
Interest Payable is a debit
Accounts Receivalbe is a credit
Salaries Expense is a credit
Owner Capital is a debit
Prepaid Insurance is a credit
Buildings is a credit
Interest Revenue is a debit
Owner Withdrawals are a credit
Accounts Payable is a debit.
Unearned Revenue is a credit
acc225 - Excellent Tutor, Thursday, June 10, 2010 at 1:15am
100% Correct, A+ Answer. Impress your instructor.

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