accounting

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2. Accounting - Please check me

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1. acc225

   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.

2. Accounting

   Show the effect of each transaction on the individual accounts of the expanded accounting equation: Assets=Liabilities +Owner's Equity (Capital-Drawing+Revenues-Expenses). After each transaction, show the new account total.

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   Identify whether a debit or credit yields the indicated change for each of the following accounts: a. To increase Store Equipment f. To decrease Unearned Revenue b. To increase Owner Withdrawals g. To decrease Prepaid Insurance c.

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   If total assets decreased by $47,000 during a period of time and owner's equity increased by $24,000 during the same period, then the amount and direction (increase or decrease) of the period's change in total liabilities is

1. accounting

   Based on the financial statements for Jackson Enterprises (income statement, statement of owner's equity, and balance sheet) shown below, prepare the following financial ratios. All sales are credit sales. The Accounts Receivable

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   If the demand for loanable funds increases, what will happen to real interest rates and the international value of the U.S. dollar (USD)? Real Interest Rates / International Value of USD Increase / Increase*** Increase / Decrease

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4. Accounting 2301

   For Capital, the category of account and its normal balance are: A. Assests and a debit balance B. Liabilities and a credit blance C. Owner's Equity and a credit balance D. Owner's equity and a debit balance

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