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
Owner Capital- credit
Prepaid Insurance- debit
Buildings-debit
Interest Revenue-credit
Owner Withdrawals-debit
Unearned Revenue-credit
Account Payable-debit

Identify whether a debit or credit yields the indicated change for each of the following accounts.
To increase Store Equipment- debit
To increase Owner Withdrawals- credit
To decrease Cash- debit-
To increase Utilities Expense- debit
To increase Fees Earned- credit
To decrease Unearned Revenue-debit
To decrease Prepaid Insurance- debit
To increase Notes Payable- debit
To decrease Account Receivable- credit
To increase Owner Capital- credit

Identify whether the normal balances (in parentheses) assigned to the following accounts are correct or incorrect.
Office supplies (Debit)- correct
Owner Withdrawals (Credit)- correct
Fees Earned (Debit)- correct
Wages Expense (Credit)
Cash (Debit)- correct
Prepaid Insurance(Credit)- correct
Wages Payable (Credit)- correct
Building (Debit)-correct

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asked by Kim
  1. Thank you for using the Jiskha Homework Help Forum. Here are some things on debits & credits to help you:

    1. http://www.moneyinstructor.com/art/debitcredit.asp

    2. (differences): http://www.accounting-and-bookkeeping-tips.com/learning-accounting/accounting-basics-credit.htm

    3. http://www.quickmba.com/accounting/fin/debits-credits/

    4. (tutorial #1): http://www.middlecity.com/

    5. (tutorial #2): (Broken Link Removed)

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