accounting, correction

Can someone correct these for me thanks I'll appreciate it very much....

Identify whether a debit or credit yields the indicated change for each of the following accounts:
a. To increase Store Equipment
My answer: Debit
b. To increase Owner Withdrawals
My answer: Credit
c. To decrease Cash
My answer:Debit
d. To increase Utilities Expense
e. To increase Fees Earned
My answer: Debit
f. To decrease Unearned Revenue
My answer: Debit
g. To decrease Prepaid Insurance
My answer: Credit
h. To increase Notes Payable
My answer: Credit
i. To decrease Accounts Receivable
My answer:Credit
j. To increase Owner Capital
My answer: Credit

  1. 👍
  2. 👎
  3. 👁
  4. ℹ️
  5. 🚩

Respond to this Question

First Name

Your Response

Similar Questions

  1. Math

    You and a friend go to the movies and split the cost of the movie tickets and snacks. You pay the bill. You tell your friend he owes only $9 because you owed him $4 from the last time you went to the movies. How much was the total

  2. Accounting

    The accounts payable account is a/an _______, and it has a normal ________ balance. A. revenue; debit B. expense; credit C. liability; debit D. liability; credit I think the answer is D.

  3. Accounts

    A debit to a liability account was posted to the capital account. This error would cause __________. options: assets to be overstated liabilities to be overstated capital to be overstated None of the above answers are correct. C

  4. Chemistry

    An iron bar is to be electroplated with zinc. Draw a diagram to do so and: -Identify what will act as the two electrodes for the cell -identify each electrode as either the anode or cathode -write the half-reactions occurring at

  1. Accounting - Please check me

    Indicate whether a debit or credit decreases the normal balance of each of the following accounts. Office Supplies- debit Repair Service Revenue- debit Interest Payable- debit Accounts Receivable- creditSalaries Expense- debit

  2. (basic)accounting help plz!

    June 1: Rented office space and paid three months’ rent in advance, $3,000, cheque 601. Ans: Rent expense (DEBIT) Cash (CREDIT) adjustment: a) One month’s rent had expired. i think it will be: prepaid rent (DEBIT $2000) rent

  3. accounting

    After the closing entries are posted to the ledger, each revenue account will have a zero balance: a. a zero balance, b. a debit balance, c. a credit balance, or d. either a debit or a credit balance.

  4. business

    A petty cash fund of $100 is replenished when the fund contains $3 in cash and receipts for $93. The entry to replenish the fund would debit Cash Over and Short for $4. credit Miscellaneous Revenue for $4. credit Cash Over and

  1. Biology

    A dichotomous key is used to ___________. ? A. identify dicots, only B. identify organisms C. gain entry to homes by burglars D. determine the meaning of life ' my best answer is D is that correct

  2. accounting

    Which of the following statements is incorrect? a. The normal balance of accounts receivable is a debit. b. The normal balance of an expense account is a credit. c. The normal balance of the owner's capital account is a credit. d.

  3. Chemistry

    Given the following balanced equation: 2Na + Cl2 ---> 2NaCl A.List each element on the reactant side and each element on the product side and assign the correct oxidation number to each. B.Identify which element is oxidized in the

  4. Physics(Urgent)

    Using Planck's constant as h=6.63 E-34 J*s, what is the wavelength of a proton with a speed of 5.00 E6 m/s? The mass of the proton is 1.66 E-27 kg. Remember to identify your data, show your work, and report the answer using the

View more similar questions or ask a new question.